As Turkey has progressively increased its involvement in the war in Syria, the Iranian leadership’s reaction has been mixed – a result of the different views within Tehran about the future direction of the relationship with Turkey. This internal debate will intensify as the possibility of establishing no-fly zones in Syria has been endorsed by the US.
A year has passed since the permanent five members of the UN Security Council plus Germany (the P5+1) reached agreement with Iran on the Joint Comprehensive Plan of Action (JCPOA), the deal under which Iran would limit its nuclear ambitions in return for the relief of economic sanctions. Implementation, while broadly positive, has already encountered technical, procedural and political challenges...
The Financial Action Task Force, the inter-governmental standards authority on legal, regulatory and operational measures for combating money laundering and terrorist financing, agreed recently to suspend financial crime counter-measures against Iran for 12 months. Though well-intended, it reflects muddled thinking.
Despite the relatively harmonious atmosphere at the last meeting of the Organisation of the Petroleum Exporting Countries (OPEC) in Vienna, the behind-the-scenes ‘oil war’ between Iran and Saudi Arabia continues.