European Companies the Main Losers in US Sanctions against Iran, Russia

Strategic Council Online – After the end of the Cold War, economic sanctions were widely used by major world powers as an active tool in foreign policy. An economic embargo is a policy in which the goal is to change a third country’s position on an issue, change its behaviour and performance, and ultimately change the political system of the country in question. This is done by applying economic pressures and restrictions and harming the welfare of society in the target country. The United States holds the record for imposing the most sanctions since a hundred years ago and has imposed more sanctions than the United Nations Security Council and other countries.
Farzan Ghasemi – Researcher at the Office of Economic Diplomacy, Imam Sadegh University