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Esfandyar Batmanghelidj @yarbatman
, 5 tweets, 3 min read Read on Twitter
This may be the most significant #Iran sanctions designation in a decade. The Trump administration knows exactly what it is doing here. It is putting the wellbeing of ordinary Iranians at risk by sanctioning a bank at the heart of trade in food + medicine.
bourseandbazaar.com/articles/2018/…
For further context with background from senior Iranian bankers, read @MotamediMaziar's reporting for @BourseBazaar:
bourseandbazaar.com/articles/2018/…
Also, we have been tracking this issue since May. It does not come as a surprise to those in the trenches:
bourseandbazaar.com/articles/2018/…
For context on the US sanctions side and the risk actions like this pose to the efficacy of a key US foreign policy tool, highly recommend this piece by @RichardMNephew and former Treasury Secretary Jack Lew which came out today:
foreignaffairs.com/articles/world…
Parsian Bank has put out a short statement on the matter:
parsian-bank.ir/Portal/Home/Sh…
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