{"id":23773,"date":"2017-10-27T15:59:38","date_gmt":"2017-10-27T14:59:38","guid":{"rendered":"https:\/\/www.ncr-iran.org\/en\/news1613067580\/news-sp-256\/iran-a-world\/23773-iran-the-impact-of-economic-sanctions-against-the-irgc"},"modified":"2023-01-17T22:25:24","modified_gmt":"2023-01-17T21:25:24","slug":"iran-the-impact-of-economic-sanctions-against-the-irgc","status":"publish","type":"post","link":"https:\/\/www.ncr-iran.org\/en\/news\/iran-a-world\/iran-the-impact-of-economic-sanctions-against-the-irgc\/","title":{"rendered":"Iran: The Impact of Economic Sanctions Against the IRGC"},"content":{"rendered":"

\"13930221_2426364\"<\/p>\n

Living in genteel poverty! May be a nice equivalent for a Persian idiom, which points to those people who are really miserable but pretend otherwise. The following article by Heshmat Alavi which appeared in the Forbes<\/a> on October 27, clarifies another example of the Iranian regime and its advocates\u2019 ever hypocritical reasoning, this time over sanction issue.<\/p>\n

The Scope and Impact of Iran’s IRGC Blacklisting<\/strong><\/p>\n

Tehran received a major blow following the blacklisting of Revolutionary Guards (IRGC) as a terrorist organization by the U.S. Treasury Department after President Donald Trump\u2019s October 13th landmark Iran policy speech. This has senior Iranian officials extremely concerned as the regime in its entirety is desperately attempting to cope with the aftermath.
There are those heard struggling to downgrade the impact and save face.<\/p>\n

\u201cSanctions against the IRGC are nothing new\u2026 The IRGC is not an economic entity for them to attempt to impact its future through sanctions. The IRGC is a military entity that will negotiate with no one regarding its duties,\u201d said Hessam-edin Ashena, an advisor to Iranian President Hassan Rouhani to a state daily.<\/p>\n

Understanding the importance of U.S. sanctions, Gholamreza Tajgardoon, chairman of the Budget & Planning Commission in Iran\u2019s parliament resorted to similar remarks.<\/p>\n

\u201cSanctioning the IRGC will have no impact on the country\u2019s economy\u2026 U.S. sanctions are an issue of international relations. The IRGC has no role in international economic relations. The IRGC is, however, active in military affairs inside Iran and the region,\u201d he also said to state media.
Despite these remarks, and the fact that the IRGC dominates the Iranian economy, merely two days later on October 17th the Vatan-e Emrooz daily, known to be linked to the faction loyal to Iranian Supreme Leader Ali Khamenei, made a major U-turn in a piece titled \u201cBlack hole!\u201d<\/p>\n

This article shed light on the \u201cunprecedented economic impact and expenses expected through the mother of all sanctions\u201d \u2013 a term used by Iranian experts \u2013 on the entire regime apparatus.<\/p>\n

This piece very explicitly explains the crippling results of new U.S. sanctions for Tehran. The piece, under the subtitle of \u201cThe Impact of Economic Sanctions Against The IRGC\u201d explains:<\/p>\n

\u201cDespite its initial goal of numerous security objectives across the Middle East and inside Iran, this section of the mother of all sanctions seeks to dysfunction Iran\u2019s economy, or as U.S. senators have described, shut down and turn off Iran\u2019s economic cycle. Based on the Countering America’s Adversaries Through Sanctions Act, first the IRGC and all branches and entities in any way related to the IRGC, alongside all companies cooperating with the IRGC will be designated in the SDN sanctions list.\u201d<\/p>\n

Furthermore, individuals and entities cooperating in any way with the IRGC must be designated and included in the SDN sanctions list under Executive Order 13224. The scope of these new sanctions will be extreme and far from any expectation under this executive order.<\/p>\n

For example, more than 5,000 private companies are cooperating with the IRGC\u2019s Khatam al-Anbiya construction company. Based on Trump\u2019s new orders, all these companies are on the verge of being designated in the new list of sanctioned companies.<\/p>\n

If Iran\u2019s Central Bank or National Bank provides services and facilitations to these companies, and the U.S. State Department identifies this cooperation, these firms will be blacklisted in the SDN list of sanctions by the Treasury Department.<\/p>\n

This major economic quagmire before the Iranian regime is the reason this bill is described as the \u201cblack hole\u201d of sanctions.<\/p>\n

What are we to believe?<\/p>\n","protected":false},"excerpt":{"rendered":"

Living in genteel poverty! May be a nice equivalent for a Persian idiom, which points to those people who are really miserable but pretend otherwise. The following article by Heshmat […]<\/p>\n","protected":false},"author":10,"featured_media":50060,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[178],"class_list":{"0":"post-23773","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-iran-a-world","8":"tag-save"},"yoast_head":"\nIran: The Impact of Economic Sanctions Against the IRGC - NCRI<\/title>\n<meta name=\"description\" content=\"Living in genteel poverty! May be a nice equivalent for a Persian idiom, which points to those people who are really miserable but pretend otherwise. 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