Experts: UN Security Council's new sanctions on Iran will not be effective

Experts: UN Security Council's new sanctions on Iran will not be effective

Azerbaijan, Baku, June 8 / Trend T.Konyayeva /

The new resolution of the UN Security Council to toughen sanctions against Iran will be adopted, but will not bring to the desired result, the sanctions and embargo will be ineffective, experts say.

"The sanctions as they are presented in the UN vote will not be effective as they are not powerful," Meir Litvak, Professor at Tel Aviv University's Moshe Dayan Center for Middle Eastern and African Studies, wrote to Trend in an e-mail.

The voting at the UN Security Council on the new draft resolution on Iran could take place today, June 9, Reuters reported. U.S. Secretary of State Hillary Clinton said to press conference in Quito (Ecuador) said that UN Security Council's new draft resolution provides such severe sanctions that have never been imposed on Iran.

Security Council members have agreed upon a list of companies and individuals against whom sanctions will be imposed. A total of 41 Iranian legal entities will be named in the list, Reuters reported.

According to information provided by the New-York Times with reference to the diplomats at the UN Security Council in early March, the main proposals are the introduction of new restrictions against Iranian banking, insurance systems, navigation, etc.

U.S. military expert Ted Galen Carpenter has no doubts that the resolution will pass and thinks that the latest round of sanctions will likely prove as ineffective as the previous rounds. 

"The Iranian government regards the nuclear program as a high-priority policy, and sanctions have a dismal historical track record in getting regimes to abandon high-priority policies," Ted Galen Carpenter, vice president for defense and foreign policy studies at the Cato Institute wrote Trend in an e-mail.

The draft resolution on possible additional sanctions against Iran was discussed by representatives of the six mediators to resolve the situation around the Iranian nuclear program (five permanent members of UN Security Council and Germany). The U.S. and other Western countries accuse Iran of developing nuclear weapons for military purposes under the guise of peaceful nuclear energy program. Tehran denies the charges, saying that its nuclear program is aimed solely at meeting the country's electricity needs. 

The U.N. Security Council adopted five resolutions in connection with the suspension of Iran's nuclear program. Three involve the use of economic and some political sanctions on Iran.

Carpenter believes there is a very remote chance that in addition to Turkey and Lebanon, either Nigeria or Uganda might vote against the resolution, or at least abstain.  There is also a remote possibility that China might ultimately choose to abstain, he said.

Adoption of the resolution in the UN Security Council requires two conditions: "no" (so-called veto) none of the five permanent members (Russia, China, USA, France, UK) should not vote and a document should receive no less than nine out of 15 votes favor. If Russia and China will abstain, much will depend on the ten non-permanent members.

Most likely, Brazil will either abstain or vote against the resolution, Carpenter said.

Two countries entering the non-permanent basis of the UN Security Council Brazil and Turkey officially earlier expressed its negative attitude to possible sanctions.

During his two-day visit to Iran in April, Brazilian Foreign Minister Celso Amorim said that pressure from other countries do not have any impact on the willingness of Brazil to support Tehran's peaceful nuclear program, adding that "imposing new sanctions will not lead to "any positive results".

"Washington hopes that Brazil will, however reluctantly, vote for the measure, but it would be a surprise (and an unpleasant one for Iran) if the Lula government adopted that position," Carpenter said.

However, the statement about treating a new round of sanctions "with respect" indicates that Brazil will not do anything to undermine the resolution once it passes, he added.

Contrary to the opinion of the Israeli and American experts, Professor at the University of Glasgow Reza Taghizadeh believes that imposing new restrictions, especially against the Iranian banking sector, will seriously damage the oil and gas sector in the country.

"The results of the embargoes and sanctions imposed on Iranian banks are that the daily volume of exports of Iranian oil is less than two million barrels (the lowest figure over the last 10 years), the volume of oil production - 3.6 million barrels per day, 70 percent of Iranian oil tankers are not involved in Iran, because oil is not sold, Taghizadeh told Trend by telephone. - New sanctions will further complicate the situation and will cause even more damage to the energy sector."

Incomes from exports of oil and oil products are the main source of economic growth, monetary inflow and formation of the revenue of the public budget of Iran. 85 percent of foreign currency earnings and 75 percent of rial earnings in Iran is directly or indirectly related to the oil production.

According to Taghizadeh, the possibility that Brazil, Turkey and Lebanon will support a new resolution on Iran is very small, and most likely, they will refuse to vote.  

"The United States supports the unanimous adoption of resolution by all members of the UN Security Council, because such a move would be a tough political message to Iran, but anyway the resolution will be adopted against Iran and applied by all countries, including Turkey and Brazil," he said.

D.Khatinoglu contributed to the article.

Do you have any feedback? Contact our journalist at [email protected]

In upward revision, IMF sees Turkey growing at 6% in 2021
In upward revision, IMF sees Turkey growing at 6% in 2021
6.5M more doses from China add pace to Turkey's vaccination drive
6.5M more doses from China add pace to Turkey's vaccination drive
Turkey testing domestic missile from submarine (VIDEO)
Turkey testing domestic missile from submarine (VIDEO)
Loading Bars
Latest
Anglo Asian Mining plc to pay out dividends for 2020
Uzbekistan cancels number of restrictions introduced to counter spread of COVID-19
Volume of overdue loans up in Georgia
Kazakhstan Development Bank eyes supporting several modernization projects in 2021
Iranian Energy Exchange announces products to be on sale on January 27
Azerbaijan International Telecom company signs contract to buy software
In upward revision, IMF sees Turkey growing at 6% in 2021
Kyrgyzstan's Institute of Business Ombudsman, Economy Ministry sign memorandum of cooperation
Georgian Foreign Minister tests positive for Covid-19
Iran's foreign trade balance hits $59 billion in 10 months
Cities, villages to be established in liberated areas should be based on concept of “smart-city”, “smart-village" - President of Azerbaijan
War has shown many what Azerbaijan's potential is - President Aliyev
Internet in Azerbaijan is free – there is no censorship, no restrictions - President Aliyev
Reforms going on everywhere, reforms are inevitable, country faces new challenges - President of Azerbaijan
Government agencies, ministries and state-owned companies must follow my instructions to end - President Aliyev
We must always build our policy in such way that Azerbaijan's military potential and defense capabilities are always at high level - President Aliyev
We must create conditions for our talented young people to work in Azerbaijan - President Aliyev
When we launched satellites into orbit, some people asked why this was necessary - President Aliyev
Azerbaijan plays central role in region in field of communications and high technologies - President Aliyev
Heydar Aliyev International Airport in Baku is five-star airport - President of Azerbaijan
PACE rejects Armenia’s request on progress of monitoring procedure
We have largest fleet in Caspian Sea - President of Azerbaijan
As result of measures taken, Azerbaijan today is one of world's leading countries in field of transport - President Aliyev
Russia's Charge d'Affaires in Azerbaijan summoned to Azerbaijani MFA
Azerbaijan's Ecology Ministry talks development of entrepreneurship
FAO to start developing agriculture in liberated Azerbaijani lands soon
Demining of Azerbaijan's liberated lands continues (VIDEO)
Russia to directly participate in efforts to unblock economic, transport ties in S. Caucasus - Lavrov
Economy minister discloses share of non-oil sector in Azerbaijan's GDP
Azerbaijan starts preparation work on laying gas lines to liberated lands
Azerbaijan shows footage from Gubadly district's Damirchilar village (PHOTO/VIDEO)
Iran welcomes interaction with Saudi Arabia
Iran can increase oil and gas extraction - National Iranian Oil Company
Bahar Azadi gold coin price continues to fall in Iran
Oxford Institute for Energy Research names ways to improve oil, gas sector in Turkmenistan
Azerbaijani, Turkish FMs discuss regional co-op issues
Bulk of Kazakhstan’s imports of green vegetables falls on Uzbekistan
Georgia sees decline in COVID-19 cases since imposing restrictions
Uzbekistan, Kazakhstan plan to start construction of high-speed railroad
Ukrainian air company returns on Georgia's aviation market
Ministry discloses number of mines neutralized by Azerbaijani, Russian sappers in Karabakh (VIDEO)
Uzbekistan’s GDP per capita down in 2020
Oxford Institute for Energy Research talks options for Turkmen gas sector's development
Uzbekneftegaz reveals number of investment projects on increasing production efficiency
Kazakhstan’s QAZAQ AIR airline launching flights on one more route
Georgian aviation plant working on creation of military drone
Uzbek-Korean JV announces tender for installation and assembly services
GGF deepens its engagement with Georgian financial institutions
Number of passengers using railway transport in Azerbaijan increasing after eased quarantine
Kazakhstan to continue decreasing import dependence in food industry
Azerbaijani business entities modernize digital financial services amid COVID-19 pandemic
Lending to Azerbaijan’s Nakhchivan Autonomous Republic increases
Iranian trucks start cargo transportation to Azerbaijan without transshipment
Azerbaijan confirms 551 more COVID-19 recoveries
Kazakhstan taking targeted measures to enhance investment competitiveness
Iran and Russia sign memorandum of cooperation on cybersecurity
Azerbaijan reveals volume of electricity generation from renewable energy sources in 2020
Russia and Iran open to discuss Karabakh issue
Number of bank accounts in Azerbaijan’s Nakhchivan increased in 2020
Microsoft earnings in spotlight for signs of business recovery, Xbox growth
French engineering company involved in replacing Uzbekistan’s standards in electricity field
UNDP implements new grant program in Georgia
Azerbaijan's former minister of transport appointed to new position - Decree
Company of Turkmenistan’s SC announces volume of oil produced last year
Iran's South Pars gas production increases
Johnson & Johnson promises vaccine data "soon"
Azerbaijan discloses number of servicemen of engineering troops martyred in second Karabakh war
Kazakhstan to continue work on fishing industry development
Iran plans to use domestic ship building capacities
Iranian minister suggests parliament merge Energy and Oil Ministries into one
Azerbaijani delegation to participate in Iran Plast exhibition in Tehran
Clearing of mines, unexploded ordnance continuing in Azerbaijan's liberated Fuzuli district (PHOTO/VİDEO)
Iran's Rouhani opposes any changes to budget bill
"Great Responsibility" At Republic Day Parade: Bangladesh Contingent Chief
Direct air routes between Cambodia, India on the cards
`Vaccine Maitri' helps strengthen bilateral ties with Myanmar, says Indian envoy
COVID-19 vaccine developer CureVac plans five million share sale
EU exec to propose vaccine export registration by end of week
Azerbaijani ministry talks on nanotechnological innovations
Meeting of the Foreign Ministers of Russia and Iran being held
Rates for some excisable goods increasing in Azerbaijan
All tobacco products may be included in list of excisable goods in Azerbaijan
Tax exemptions on wheat imports, sales may be extended in Azerbaijan
Colonel talks restored and built roads in liberated lands of Azerbaijan
FIG cancels holding Artistic Gymnastics World Cup in Azerbaijan’s Baku
Thousands of hectares of cultivatable lands demined in Azerbaijan's liberated districts
Azerbaijani banks buy more foreign currency at CBA's auction
Iran reveals COVID-19 data for January 26
Sale of gold, silver in Azerbaijan may become tax-free
Azerbaijan Airlines increases flights number on Baku-Nakhchivan route
Access Bank eyes creating bank branches in Azerbaijani lands liberated from occupation
Azerbaijan's Nakhchivan discloses revenues from 2020 agricultural export
Azerbaijani Nakhchivan's revenues from communication services rise
President Aliyev receives French Minister of State attached to Minister for Europe and Foreign Affairs (PHOTO)
Uzbekistan’s largest flow of tourists falls on Kyrgyzstan
Georgia sees increase in Domestic Producer Price Index for Industrial Products
Armenian Armed Forces blew up bridges, destroyed roads retreating during second Karabakh War
Gold price increases in Azerbaijan
Scientist of UNEC elected expert on world's second largest online economic platform
Iran wants establishment of six-party cooperation union – Zarif
All news