Thursday, June 04, 2020
04:39 PM (GMT +5)

Go Back   CSS Forums > General > Discussion

Discussion Discuss current affairs and issues helpful in CSS only.

Reply Share Thread: Submit Thread to Facebook Facebook     Submit Thread to Twitter Twitter     Submit Thread to Google+ Google+    
 
LinkBack Thread Tools Search this Thread
  #1  
Old Friday, August 17, 2018
SikanderAbbasi's Avatar
Senior Member
 
Join Date: Jun 2018
Location: Karachi, Pakistan
Posts: 179
Thanks: 19
Thanked 37 Times in 34 Posts
SikanderAbbasi is on a distinguished road
Default US's Re-imposed Sanctions

Yet again, a diatribe from the Trump administration with regard to Iran's nuclear activities resulted in re-imposed sanctions, much hardened that the preceding ones. The administration warned the world in general and the European region, in particular, to stop making any trade deal with Iran and importing oil from the country. Such belligerent stances will not only add salt to the injuries of the crippling economy of Iran but also adversely affect the European banking and industrial sectors. Iran's economy is mainly dependent on its oil exports, and a larger part of the oil trade is exported to the European countries. On the other hand, the European private banks and industries will subsequently find themselves in a confounding situation.
This probable shift will give Russia and China a leverage, as the former will try to further split the US from its European allies, while the latter will consider importation of Iranian oil at a discounted price. Iran's already crippling economy will be further enfeebled and its hegemony in the region with regard to its nuclear activities will fade away. In such a scenario, the US ought to revise its decisions and maintain a moderate approach to ease the situation. Since the US is the key force of the Joint Comprehensive Plan of Action (JCPOA), it ought to show its global maturity by balancing its relations with its allies as well as mitigate the sanctions. Decisions taken with haste will persuade the Iranian government to further strengthen its nuclear capabilities, which might convince Saudi Arabia to match Iran's nuclear ambitions. It will eventually pave the way for a new wave of regional animosity among the Middle East countries. Therefore, the US must seek alternative steps, especially calling P5+1 nations for a new nuclear summit to bury all kinds of the hatchet. The world is loath to witness any trade or nuclear war.

__________________
The fear of suffering is worse than the suffering itself.
Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Asma Jilani ---- Vs---- Govt. of the Punjab sajidnuml Constitutional Law 5 Saturday, November 11, 2017 05:00 PM
China and the Iran Nuclear Deal mustansar~hussain Foreign Newspapers 0 Wednesday, March 09, 2016 09:16 PM


CSS Forum on Facebook Follow CSS Forum on Twitter

Disclaimer: All messages made available as part of this discussion group (including any bulletin boards and chat rooms) and any opinions, advice, statements or other information contained in any messages posted or transmitted by any third party are the responsibility of the author of that message and not of CSSForum.com.pk (unless CSSForum.com.pk is specifically identified as the author of the message). The fact that a particular message is posted on or transmitted using this web site does not mean that CSSForum has endorsed that message in any way or verified the accuracy, completeness or usefulness of any message. We encourage visitors to the forum to report any objectionable message in site feedback. This forum is not monitored 24/7.

Sponsors: ArgusVision   vBulletin, Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.