Woodrow Wilson once said that, “A nation that is boycotted is a nation that is in sight of surrender. Apply this economic, peaceful, silent, deadly remedy and there will be no need for force. It is a terrible remedy. It does not cost a life outside the nation boycotted, but it brings a pressure upon the nation which, in my judgment, no modern nation could resist.” Rebutting the same, decades later, Omar Bongo, former President of Gabon, argued against the use sanctions, commenting, “...It is important to observe that when Europe or the United Nations impose sanctions that are supposed to be aimed against a certain regime, usually millions of people end up being directly punished.” With time, the very objective of sanctions has undergone a full transformation – today, sanctions are used mostly for strategic gains than anything else.

The United States and its allies (particularly Israel) are closing in on Iran! With a thumping majority (100-0), the US Senate last month approved sanctions prohibiting foreign financial institutions from undertaking any business with the Central Bank of Iran. After a series of sanctions that have been regularly imposed on and off, the US government’s latest sanctions against Iran (signed into law by US President Obama on December 31, 2011, as a part of the act titled H.R. 1540, the “National Defense Authorization Act for Fiscal Year 2012”) are clearly the strictest ever. In his official statement on H.R. 1540, available at the White House website, Obama uses the word ‘military’ 14 times, with ‘defense’ being used only 9 times – this makes the aim of the law very evident! For records, more than 15 sanctions have been imposed on Iran till date!

Post the latest set of sanctions, the Iranian national currency – Rial – immediately lost its value by almost 15-20 per cent and is currently being exchanged at its lowest-ever rate of around 17,000-17,500 Rials to a dollar. The sanctions curtail other countries too from buying Iranian crude oil. The US through the latest sanctions can also debar parties that are trading with the Central Bank of Iran from having correspondent banking operations in the United States.

The National Defence Authorization Act (NDAA) has been passed by President Obama with an ensured funding of $662 billion that apart from imposing sanctions on Iran will also review Iran’s military capabilities. This is of utmost importance in case US plans to wage a war against Iran in the near future! Not surprisingly, all this is amalgamated with one of NDAA’s main objectives – which is to ensure energy security of NATO.

The most audacious part of the Act is that NDAA has unilaterally slapped these sanctions in such a manner that it can impose penalties on any third party that dares to trade with the Iranian Central Bank! The official aim of this sanction, as cited by the US administration, is very basic, yet highly tactical – Iran’s revenue streams are expected to be stifled, and consequently Iran is expected to have no money to advance its nuclear program! However, such a reasoning seems silly and juvenile! How on the earth would US be able to strangle Iran from achieving its nuclear ambition when they have gloriously failed in the past to deter even poor and impoverished countries like North Korea from developing nuclear weapons, in spite of imposing several sanctions on these nations? The situation may soon boil up to a scenario that resembles the implication of Iraq in the 1990s. Failing to ruin Iraq through sanctions, US ultimately resorted to war.

As I mentioned earlier, this is not the first time that America has targeted Iran. On June 9, 2010, the Obama administration had slapped extremely hard sanctions on Iran; banning the delivery of major military equipment to Iran and prohibiting international financial and asset transactions of Iranian corporations. In fact, Iran is not the lone target of America in the region as Syria has been party to the NATO’s ire and has been facing sanctions since 1986. A month and a half ago, the European Union and United States imposed new and renewed sanctions on Syria on the ground of suppression of its rebels, but interestingly remained silent on the same kind of repression in Yemen and Bahrain!

US has always imposed sanctions and embargoes on the pretext of national security and eventually invaded the target nations after making them economically and politically weak. Iraq has been a crying example of the same. And in Iran’s case, neither has US been able to prove any negative use of the atomic and nuclear facilities that Iran possesses (the International Atomic Energy Agency has no concrete evidence against Iran), nor were they ever able to prove the presence of WMDs (Weapons of Mass Destruction) some years back in Iraq. The entire fable created around WMDs in Iraq ended with a mere apology from America’s end.

As a matter of fact, the perpetrators of 9/11 were Saudi and Pakistani nationals. Pakistan is internationally infamous for harbouring numerous terror groups and was shamefully responsible for providing sanctuary to even Osama Bin Laden. But neither Saudi Arabia nor Pakistan had to face sanctions post 9/11 like those being faced by Iran. Reason? They have been following US diktats word by word! And the lesser said about Taliban, the better for the US, as it’s quite well accepted that the Taliban has been America’s own creation.

The US trade embargo against Cuba is five decades old and was described as “ineffective and detrimental” by Obama himself in September 2010. Pakistan also did face military sanctions much before by the US (a 15 year embargo that ran from 1990 to 2005 on the sale of F-16 fighter/bomber aircraft); but that didn’t deter the country from purchasing weapons from elsewhere. In similar lines, sanctions have had results quite opposite the objectives for which they were enacted. Human rights abuse and societal demotion were strongly visible in nations like South Africa (faced sanctions between 1960s-1970s), Haiti (1990-1994), Iraq (1990-2003) and the former Yugoslavia (1992) and went against the very objective of the sanctions that aimed at protecting of human rights. The arms embargo imposed on South Africa (during the 1960s) was also found to be counter-productive. The then Pretoria regime responded to the sanctions by developing a large-scale domestic weapons industry called Armaments Corporation of South Africa (Armscor). Similarly, the sanctions on Yugoslavia didn’t prevent the Bosnian war and eventually pushed the nation into poverty and destitution.     Read More....

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07/05/2012 3:12am

It is a shame the way the Americans have been behaving with Iran ....they should bring an end to these sanctions that they have imposed on Iran.

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07/05/2012 3:15am

These sanctions do have many effects on the people of the country ....... some of the effects of sanctions in Iran include expressive basic goods and an aging and increasingly unsafe aircraft fleet.

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07/05/2012 3:15am

The US has imposed several sanctions on Iran .... some of the sanctions include an embargo on dealings with Iran by the US, a ban on selling aircraft and repair parts to Iranian aviation companies.It is time that the US stop imposing such bans on the weaker countries of the world.

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07/05/2012 3:22am

It is the common people who are affected the most by these sanctions imposed by the U.S. Govt.

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07/05/2012 3:27am

Yes....... America must bring an end to the sanctions that they have imposed on Iran for a better and peaceful Co-existence of people in both the countries and all around the world as well

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07/05/2012 3:40am

Such sanctions imposed on Iraq or any other nation will not any good the US... It will only lead to violence...never has any sort sanction reaped the desired result.

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07/05/2012 3:45am

America has to understand that simply imposing sanctions on any country will not benefit them for too long ... none of the nation till date has gained the desired results by imposing sanctions.

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07/05/2012 3:50am

Nice article sir..... it is true that due to these sanctions other nations of the world will be effected as well.

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07/05/2012 3:56am

Great article sir....I've been a big fan of your editorials and articles...hats off to u sir for the great job that you've doing.

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07/05/2012 4:04am

Instead of imposing sanctions and making war, why doesn't the U.S.A find a solution for the peaceful existence of all the nations in the world.

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07/05/2012 9:36pm

Impose as many sanctions as possible...but the US can't stop the nations from achieving their goal and doing what they want....if only imposing sanctions would have reaped the desired consequences,the picture of the world would have been different.

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07/05/2012 9:40pm

The latest sanction by Barrack Obama on Iran and Syria is the prohibition of financial transactions with foreigners who have evaded existing sanctions with those countries and denying them entry into the US..........it is sad to see US's behavior towards some the nations around the world.

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07/05/2012 9:45pm

Is the US really gaining something from such sanctions??

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07/05/2012 9:52pm

Instead of targeting Iran,US should target Pakistan,a country that has been home to many of the terrorists in the world....why doesn't the USA take action against Pakistan inspite of knowing the truth.

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07/05/2012 9:59pm

Is there anyone out there knowing why there is much hatred in this world…..
I know there are millions of differences between us but why is the hatred taken to such an extreme level that people don't hesitate even to take lives away.

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