The Impact of Sanctions on Iran-GCC Economic Relations
Prof. Nader Habibi Middle East Brief 45, November 2010
In June 2010 the United Nations approved a fourth round of sanctions against Iran. One of the most important areas where these sanctions have been effective has been in Iran's trade with Gulf Cooperation Council (GCC) countries. In this Brief, Prof. Nader Habibi offers an overview of Iran’s economic ties with its GCC neighbors since 1980 and the ways in which these relations have been affected by the new cooperation of GCC countries with the current round of UN and US sanctions against Iran.