Saturday, May 27th | 2 Sivan 5777

Close

Be in the know!

Get our exclusive daily news briefing.

Subscribe
February 2, 2015 10:35 am

Iran’s Weak Economy Increases Washington’s Leverage in Nuclear Talks, US Treasury Sanctions Czar Says

avatar by News Editor

Email a copy of "Iran’s Weak Economy Increases Washington’s Leverage in Nuclear Talks, US Treasury Sanctions Czar Says" to a friend

The Iran nuclear program's Arak heavy water reactor. Iran's economy will never recover without nuclear accommodations with the West. Photo: Nanking2012/Wikimedia Commons.

Wall Street Journal – Iran’s economy is now fundamentally incapable of recovery without a nuclear accommodation with the West, increasing Washington’s leverage in final negotiations with Tehran, said the Treasury Department’s outgoing sanctions czar David Cohen .

“They’re stuck. They can’t fix this economy unless they get sanctions relief,” Mr. Cohen said in an interview with The Wall Street Journal about sanctions policy around the world. “I think they are coming to the negotiations with their backs to the wall.”

Read full story.

Share this Story: Share On Facebook Share On Twitter Email This Article

Let your voice be heard!

Join the Algemeiner

Algemeiner.com