Economic sanctions by America,
Security Council of the United
Nations and the west for more than
decades has severely impacted on
In spite of the present interim deal
President Obama will face challenges
from hardliners in the Republican
Party and from his own Democratic
Party who are allied with Israeli
leadership in Tel Aviv. If he succeeds
to curtail power of Iranian to
produce atomic bomb, it will become
another legacy of President Obama
to resolve three decades gridlock in
international arena and justify his
Nobel Peace Prize that he won in
2009 for his ―extraordinary efforts to
strengthen international diplomacy
and cooperation between peoples‖.
* Mohammad Amjad Hossain,
retired diplomat from Bangladesh;
former Joint-Director of biggest and
oldest Children Organization of
Bangladesh: Central Kachi-Kanchar
mela and former President Nova
chapter of prestigious Toastmaster
International Club of America, writes
from Virginia, USA.
9
The interim deal will help Iran to
export more crude oil and if Iran
fulfills its commitment in six months‘
time she will be allowed to be
transferred in installments worth $
4.2 billion. From Iranian perspective
this interim deal will pave the way for
comprehensive deal with western
countries because Iranian are
suffering badly .Iranian Foreign
Minister Mohammed Zaved Zariff,
who was main negotiator from
Iran, was described as Ambassador
of peace who said, no to war,
sanctions, surrender and insult. From
the Gulf countries Kuwait, Oman,
Bahrain has welcomed the deal while
Saudi Arabia expressed unhappiness.
the economy of Iran and its people in
general. Least developed county like
Bangladesh also suffered because of
economic sanctions against Iran. A
statistic shows export of jute and jute
products to Iran is stopped which
caused loss from $ 1 billion in the
year 2010—2011 to $889.45
million in July and May period of
2010-2011. Moreover, suppliers
from Bangladesh could not realize
payments as Iranian banks are
blacklisted.
Page
In exchange Iran will be given access
to about $ 4.2 billion of its foreign
currency holding frozen in bank
oversees while Western government
would relax restriction with regard to
trade in petrochemical products,
precious metal and airplanes and
automobile parts. Rest sanctions will
remain in place until comprehensive
deal is signed with Iran by six world
powers of the world. The present
deal is the result of secret talks
through Omani intermediaries with
Iran by Obama administration as
revealed by the Washington Post of
November 25, 2013.