What would a nuclear agreement mean for Irans economy? | World Finance Videos

World Finance examines what an end to Iran’s nuclear standoff would mean for its economy, and the west.

By november 24 the historic deal may be struck to resolve the iranian nuclear standoff but what would that mean for the country’s economy and in turn the west joining me down the line is treated parsi president of the national iranian american council or treater as the deadline for nuclear agreement with iran and the permanent members of the united security council

Plus germany draws closer who needs an agreement more iran or the west both sides will be much better off if there is a deal and both sides will face rather dire consequences if they fail to reach some form of a compromise and that balance of interest is probably one of the key reasons as to why the negotiations have been dis accessible thus far well the sanctions

Were intended to prevent iran gaining the technology to develop its nuclear program and punish the government members whose assets are frozen so how much has this impacted iran well the sanctions have impacted the general economy in a very very negative way and has made life of average your audience quite miserable it has however not affected the access to supplies

Etc for the nuclear program in a particularly strong way the iranian nuclear program has proceeded throughout in spite of all of these sanctions and officials in the government actually have a much easier time getting around the sanctions and the average iranian citizen he published a city this year looking at how much sanctions on iran had actually cost the united

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States so what figures are we looking at there with the decade’ metric analysis looking at the last export revenue that not just the united states but other european countries suffered as a result of these sanctions and the number we reached with which is a very conservative estimation for several different reasons was somewhere between hundred thirty-five and

Hundred seventy five billion dollars the europeans only have had sanctions since 2010 but during the first three years of those sanctions the europeans lost twice as much money as the us did during that same period but of course since they’ve had sanctions during a shorter periods they haven’t lost as much the us has had very strong sanctions on iran at least since

1994 considering that this standoff has been bad for both iran and the way test what’s the real reasons behind the ear on us stalemate there’s a geopolitical conflict that is at the root of this the nuclear program in many different ways is just a symptom of a deeper problem but a problem has now become so deep that if they didn’t resolve the nuclear issue it could

Actually have spilled over into a hot conflict the military confrontation that is not something that would be to the benefit of the united states the west or iran and i think that is one of the reasons as to why the two sides have come to the table and negotiated in a much more serious way that i’m done before because they both realize that they really needed an

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Exit ramp out of this escalatory dynamic that they had found themselves in well if the talks on the twenty-eighth do not end with an agreement what will this mean for a round and the rest of the world if it ends in a such a way that they’re going to have to have another extension a couple more months then the crisis may be able to be postponed if it ends in such

A way that is clear they’re not going to be able to come back to the table then it’s going to very much depend on who the rest of the world blames for the failure if the failure falls around responsibility of the iranians then you’re going to see an intensification of sanctions and then ratcheting up of other threats as well in fact wendy sherman the american lead

Negotiator put it this way she said if there’s a failure the name of the game on both sides is going to be escalation the u.s. is going to try to intensify sanctions iranians are probably gonna escalate their nuclear activities there’s no one who will be winning from that scenario so finally how likely is an agreement some of the problems that existed in earlier

Rounds appears to have been resolved the two sides are speaking much more comfortably and more confidently about the deal and they did before and also their messaging to their domestic audiences has shifted and that’s a very critical point because neither side was going to go on a campaign of selling the deal until they had at least a very likely deal and since

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They have started that selling campaign i draw the conclusion that they’re much closer to do that many people may have thought oh

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What would a nuclear agreement mean for Iran’s economy? | World Finance Videos By World Finance Videos