№292. E3+3 coercive diplomacy towards Iran: Do the economic sanctions add up?
№292. E3+3 coercive diplomacy towards Iran: Do the economic sanctions add up?

Author(s): Stefan Waizer, Steven Blockmans
Subject(s): Economic policy, Government/Political systems, International relations/trade, Military policy, EU-Accession / EU-DEvelopment
Published by: CEPS Centre for European Policy Studies
Keywords: International relations; Iran; economic sanctions;
Summary/Abstract: Uncertainty about the peaceful nature of the Iranian nuclear programme still poses a major challenge to the international community, and to the Middle East in particular. More than ten years of negotiations have brought no resolution to the dispute, so in recent years the EU and the US have upped the pressure on the Islamic Republic. In January 2012 the EU adopted an unprecedented sanctions package, mainly directed at the Iranian oil industry. Together with US measures, this strike at the centre piece of the Iranian economy was intended to force the Iranian regime to agree to demands of the international community in the framework of the ‘E3+3’ (Germany, France, the UK, plus the US, China and Russia) negotiations, conducted under the auspices of EU High Representative, Catherine Ashton.

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