The US administration and Congress should address a major loophole in the sanctions regime: It is high time for the administration and Congress to tell the Arab Gulf States, which are probably the greatest beneficiaries of American might in the world today, that they have to get their economic dealings into line with their anti-Iranian rhetoric rather than undermine the sanctions, which are coming at considerable cost to American taxpayers and business interests. Iraq, with its invasion of Kuwait inproved their vulnerability beyond any doubt. Once that regime was contained and destroyed by the US-led invasion inIran — had it not been for the US security umbrella — could have repeated the same exercise to target such lucrative objectives as the United Arab Emirates and Qatar, with which it ostensibly has good relations.
Nevertheless, the shifting economic nexus between Tehran and Damascus has been subjected less to scholarly work, policy analysis, or media attention.
In the long-term, if the Syrian war ends, Iran would be the most dominant player in Syria economically Dr.
Isolated from the international community and being confined with global sanctions, the Syrian government has become more reliant on Iran.
After the conflict, free trade has increased and the trade custom fees have been significantly decreased up to 60 percent, in favor of Tehran.
Although the war has become costly for Iran, Iran has not abandoned its economic plan in Syria. But Iran is playing a more enduring plan.
Some reports indicate that Iran is getting paid back via contracts in Syrian real state by buying Syrian land.
This gives Iran considerable amount of power over Syria in the long-term. If the war ends, Iran will be single most important player in Syria economically. Larger infrastructure and energy projects will be more likely on the horizon. Almost every year, Iran is signing a new contract with Syria for nearly over a billion dollars of credit line.
Syria is a matter of national security for Iran. The amount will more likely increase since sanctions were lifted against Iran. More recently, Syria and Iran signed several agreements to invest in oil, electricity, power, energy, and other industrial sectors.
In the long-term, if the Syrian war ends, Iran would be the most dominant player in Syria economically. This also suggests that due to the above-mentioned date, Iran cannot afford any peace plan that will lead to the removal of the Alawite state from power.
He is also a member of the Gulf project at Columbia University. He has been a recipient of several scholarships and fellowship including from Oxford University, Annenberg University, University of California Santa Barbara, and Fulbright Teaching program. He can be reached at Dr.
Friday, 30 September KSA Views expressed by writers in this section are their own and do not reflect Al Arabiya English's point-of-view.The Gulf War, At the end of the Iran-Iraq War of –, Iraq emerged with its state intact and a reinforced sense of national pride, but laden with massive debts.
Iraq had largely financed the war effort through loans, and owed some $37 billion to Gulf creditors in The Economic Consequences of a War with Iraq William D.
Nordhaus 87 CONTRIBUTORS. The most prophetic economic analysis of war and peace of all time, Keynes’s The first Persian Gulf war and the ensuing sanctions dealt two more blows to Iraq’s economy.
The US administration and Congress should address a major loophole in the sanctions regime: the robust financial and economic ties between Gulf States and their Iranian nemesis. This would contribute to Iran’s economic distress as well as its sense of isolation.
The US security umbrella is vital to the Gulf States’ very existence. Iraq. The Persian Gulf War United Nations Security Council Resolution followed soon after, which authorized a naval blockade to enforce the economic sanctions against Iraq.
The Gulf Conflict: Diplomacy and War in the New World Order, (Princeton, ), Iraq War, also called Second Persian Gulf War, (–11), conflict in Iraq that consisted of two phases. The first of these was a brief, conventionally fought war in March–April , in which a combined force of troops from the United States and Great Britain (with smaller contingents from several other countries) invaded Iraq and rapidly defeated .
overwhelmingly supportive media painted the conflict as a bloodless and nondestructive battle. year period following the Gulf War suggests that the impacts of the economic sanctions likewise remain and purportedly unchallenged. An analysis of the ways in which these economic sanctions violate international war legislation andhumanrights.