In today’s world, diplomacy is more important than ever before. Clear communication can go a long way towards improving the world’s economic progress. At the same time, though, there are limits to diplomacy. In some situations, a country will act in bad faith. When this happens, the international community will take action.
By passing sanctions, the country can punish bad actors for their misdeeds. It should be stated, of course, that no two sets of sanctions are ever completely the same. It may make sense to take drastic action, but some situations call for a more thoughtful strategy. In this century, many sanctions have been passed to punish Iran. These sanctions were designed to punish Iran for developing nuclear weapons.
Unfortunately, there were some downsides to these sanctions. When a country faces economic sanctions, the consequences can be significant. Many people will lose their jobs when a country cannot import or export things. Fearing these consequences, Iran decided to evade the sanctions. By reading Mark Dubowitz of the Foundation for Defense of Democracies, you can learn more about Iran sanction evasion.
The plot that allowed Iran to avoid sanctions was truly complex and confusing. As you may imagine, avoiding international law can be a truly difficult process. It requires real patience and determination to avoid paying economic tariffs. In Iran’s plot to avoid sanctions, one of the primary actors was a Turkish banker. This scheme allowed tens of billions of dollars to be transferred from banks in Turkey to Iran. As you are certainly aware, this was a very complex process. There were dozens of unique banks, businesses, and front companies involved in this process. In some situations, gold was moved along with the cash. If any of this is unclear to you, you will want to talk to Mark Dubowitz at your next convenience.
As you are no doubt aware, today’s legal system does not move quickly. When sanctions have been evaded, the public may not know for months. For the Iran case, it has been more than sixteen months for the situation to become public knowledge. You will want to study the Foundation for Defense of Democracies if you want to learn more about Iran’s sanction evasions. The FDD is a Washington think tank. In the fall of 2016, the United States Justice Department visited the Foundation for Defense of Democracies. Their goal was to ask questions relating to Turkish citizen Reza Zarrab. This man actually has a history of helping countries avoid sanctions. If you want to learn more about this story, you should read the work of Mark Dubowitz.