UN sanctions 'good' for Iran economy

Sanctions imposed on Iran over its "peaceful nuclear activities" have not affected the country's economy, but rather stimulated foreign investment, the Islamic Republic's first vice president said on Wednesday.

"Far from having an adverse impact on Iran's socio-economic situation, [UN] Security Council resolutions are producing the opposite effect to the one intended," Parviz Davoudi said.

He said the sanctions have only made foreign companies more interested in doing business and increasing their presence in Iran.

Russia and China, which both have strong business interests in Iran, blocked stricter measures against the country using their vetoes at the UN Security Council.

en.rian.ru...


So basically Iran is saying "I spit on your sanctions." These sanctions arent hurting the Iranian government, just the Iranian people. Will Isreal or the US try other avenues to promote their agenda. Sanctions obviously dont work with this country. What are the alternatives?

US sanctions send Iran into Asia's arms

From a Western-centric point of view, the United States and its allies are pushing Iran into a corner in its efforts to rein in what Washington considers Iran's move towards becoming a nuclear power. A broader perspective would indicate that we might simply be driving Iran into the arms of Asia.

On March 24, Iran's official media reported that Iran will apply for full membership in the Shanghai Cooperation Organization (SCO), headed by China and Russia and containing a fistful of continental Asian states.

Connoisseurs of irony will find fodder in Iran's reported appreciation of the SCO's goals of "anti-terror, anti-extremism, and anti-splittism" as well as its discovery of the deep cultural

affinity between Iran and Asia. But consider this:

www.atimes.com...

Again. if sanctions arent working. What would be Bush and Cheney options. Obviously China and Russia will block any substantial sanctions against Iran.

[edit on 4/20/08 by FredT]

The other aspect is that its forced the Iranians to develop thier own internal production abilites for some items. Not the best but good enough for internal consumption.

The bottom line is that Sanctions esp. halfassed ones do little.

The other aspect is that its forced the Iranians to develop thier own internal production abilites for some items. Not the best but good enough for internal consumption.

The bottom line is that Sanctions esp. halfassed ones do little.