The activation of the “snapback mechanism” means the automatic return of international sanctions imposed by the Security Council against Iran; a process that, if realized, could severely affect economic, political, and even psychological relations in the markets. This mechanism was defined in the nuclear agreement (JCPOA) as a tool for Western parties in the event of Iran’s violation of its obligations. However, its effects on the Iranian economy are not limited to foreign relations, but will overshadow all layers of production, trade, investment, and people’s livelihoods.

Política

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