US Strategies to Smartize Sanctions Against Iran and Presenting Coping Solutions with an Emphasis on International Financial and Banking Relations

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Razmahang Mehdi

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Journal Paper

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Journal: FOREIGN RELATIONS Year:2019 | Volume:10 | Issue:4 (40) Page(s): 5-37

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Information Journal Paper

Title

US Strategies to Smartize Sanctions Against Iran and Presenting Coping Solutions with an Emphasis on International Financial and Banking Relations

Author(s)

Razmahang Mehdi | Issue Writer Certificate

Keywords

sanctionsQ2

AmericaQ2

individualsQ1

bankQ1

financial messengerQ1

Abstract

US economic sanctions as an unusual weapon in economic warfare have targeted Iran's economic security. In addition to imposing sanctions on various sectors of the Iranian economy, the US has always sought to increase the efficiency of these sanctions. The present study seeks to answer two questions. 1. What are the US strategies for smartening sanctions? 2. What are the solutions to Iran's asymmetric confrontation aimed at reducing the effectiveness of sanctions? The innovation of the study is that the issue of sanctions' smartening has not been considered. The research method of this article is analytical and data collection has been done through documentary and library studies. The results of the study show that US strategies to streamline sanctions include: focus on sanctions on individuals and their inclusion in the SDN list, recognizing the final beneficiaries and advising companies to have the maximum rigor, the move by the United States to combinate nuclear and terrorist sanctions, use the capacity of the think tanks to identify vulnerable sectors in Iran to increase the accuracy of sanctions impact and using face-to-face conversations of US officials to convince countries and large companies not to engage with Iran. In spite of the fact that Iran does not have the ability to deal symmetrically with these tools, it seems that adopting strategies to rebuild and diversify means of transferring funds can greatly affect US sanctions. Specifically, there are some suggestions in this area: 1. International Financial Messeging Systems, 2. International banking Platforms, and 3. Correspondent Relationships.

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APA: Copy

Razmahang, Mehdi. (2019). US Strategies to Smartize Sanctions Against Iran and Presenting Coping Solutions with an Emphasis on International Financial and Banking Relations. FOREIGN RELATIONS, 10(4 (40) ), 5-37. SID. https://sid.ir/paper/405230/en

Vancouver: Copy

Razmahang Mehdi. US Strategies to Smartize Sanctions Against Iran and Presenting Coping Solutions with an Emphasis on International Financial and Banking Relations. FOREIGN RELATIONS[Internet]. 2019;10(4 (40) ):5-37. Available from: https://sid.ir/paper/405230/en

IEEE: Copy

Mehdi Razmahang, “US Strategies to Smartize Sanctions Against Iran and Presenting Coping Solutions with an Emphasis on International Financial and Banking Relations,” FOREIGN RELATIONS, vol. 10, no. 4 (40) , pp. 5–37, 2019, [Online]. Available: https://sid.ir/paper/405230/en

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