An analysis of the impact of JCPOA on industry, mining and trade sectors

Sanctions against Iran have a long history, starting with the victory of the Islamic Revolution. The range of sanctions related to Iran's nuclear program, however, has not always been the same. The main difference between the two groups of sanctions (before and after 2010) can be seen in the number of sanctioning countries, as well as the scope of the economic sectors affected. More precisely, the sanctions prior to 2010 focused mainly on a number of specific sectors of the economy (such as investment in the oil industry or airplane purchases, etc.), while there was no global consensus on sanctioning Iran, and the sanctions were usually imposed by certain countries. For instance, the prohibition of investment in the Iranian oil industry under the so-called D’Amato Act was mostly ignored by European companies.

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