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Limited Role in World Economy Behind Vulnerability to Sanctions

Limited Role in World Economy Behind Vulnerability to Sanctions Limited Role in World Economy Behind Vulnerability to Sanctions

The fact that Iran is so easily affected by global sanctions is because it is not a major player in world economy and can be eliminated by its rivals and abandoned by its partners with no significant trouble, an analyst said. 
“The sanctions showed to what extent our economy is vulnerable … We have acted weakly in international trade and foreign business,” Ali Mousavi Khalkhali, editor-in-chief of Iranian Diplomacy news website, wrote in a recent article. 
After years of negotiation, Iran managed to obtain relief from international sanctions by agreeing to curb its nuclear activities in 2015, under a multinational deal called the Joint Comprehensive Plan of Action. 

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