A recent European Union statement has increased the risks for European companies doing business with the Islamic Republic and could lead to a further decline in commercial engagement with Tehran, former US Treasury official Miad Maleki told Iran International.
Maleki said Washington’s pressure on the Islamic Republic’s financial channels could prove particularly effective when focused on routes through the United Arab Emirates and Turkey.
He said targeting those financial pathways could have a greater impact on Tehran than increasing pressure on China.
His comments followed a statement released by the European Commission on the sidelines of the G20 Finance Ministers and Central Bank Governors meeting in Asheville, North Carolina.
The Commission expressed support for efforts to halt what it described as the Islamic Republic’s “destabilizing” activities and encourage Tehran to return to peace negotiations, adding that further economic measures could be used to increase pressure, including the US-led “Operation Economic Isolation.”
https://www.iranintl.com/en/202609040695
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