Financial Measures Targeting Iran
By Matthew Levitt
A couple of weeks ago I spent a few days in Brussels discussing the strategy of applying targeted financial measures against Iran. I debated a senior EU official on the matter (where there was much more agreement than debate) and followed up with the following piece for the Transatlantic Institute in Brussels:
Last week European and U.S. leaders met for a one-day EU-US summit in Washington. While disagreements remain between these key allies in several areas, particularly climate control, the parties highlighted their coordinated efforts to press Iran to suspend its uranium enrichment program as a sign of strong ties. The most promising aspect of this coordinated strategy to deal with Iran is a multilateral, graduated and targeted sanctions’ regime that is already showing signs of success. For it to be fully successful, however, international consensus on the next round of sanctions – due May 23 – must be stronger still; the sanctions must have sharper teeth; and they must be accompanied by outreach to the private sector.
The full article is available here
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