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Blaming Iraq’s Trade With Iran As the Failure of Iranian Economic Sanctions Is Laughable
In the summer of 2012, we noticed a very interesting group of articles appearing all over the media explaining how Iraq was undermining the economic sanctions against Iran. Of course, we have to understand that Iran borders Iraq and there is not much trade with Syria because of the chaos there with the possible fall of the Assad regime. But I would like to ask who should Iraq trade with if it cannot trade with one of its largest neighbors.
Iraq trades a lot with Turkey, so that’s good, some with Kuwait, more all the time, but it seems that the US should not blame the failure of the Iran economic sanctions on Iraq, as the country is recovering and, doing its best, Iraq also has quite a large political, cultural and economic influence of Iran. Let’s face the facts, sanctions don’t work, in fact it was a bad concept from the start, even worse, with all the exceptions, it hardly makes sense now. All 20 of Iran’s oil customers now have exemptions, and Iran still earns billions a year from oil exports.
Also, even though the Iranian currency has gone to hell in a basket, Iran has about $60-100 billion in foreign exchange reserves, and the fact that the national currency has halved does not mean that the regime is destined to collapse, look at Venezuela , and Hugo Chavez is still in power, even as he dies of cancer. Look, I personally don’t like the Iranian regime, I’d say few Americans do, and I think Iran’s international behavior and increased political rhetoric that says it wants to destroy Israel is deplorable, however, this the concept of further angering Iraq is unwise.
Also, since sanctions are not working on Iran, which has been a key strategy of the Obama administration, it’s time for a plan B, but will we have a tail-wagging event right before the November election, generally speaking, in wartime presidents get re-elected (quote .: US Political History 101). It’s a scary thought to go to war to distract from the Obama administration’s economic failures here at home after promising jobs for America. We need better international politics and decision making.
The time has come to decide whether we are going to allow Iran to have nuclear weapons, support proxy terrorists, and allow the world to enter a new era of nuclear terrorism, or are we really going to do something about it, something that will actually work. Please consider all of this and think about it, because nuclear proliferation is not that funny.
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