Iran's Revolutionary Guards Stopping Iran from Integrating into Western Economy

(MEMRI) A. Savyon and Y. Carmon - Iran's Islamic Revolutionary Guard Corps (IRGC), which controls Iran's economy, remains under U.S. sanction "for proliferation activities and support for terrorism." Therefore, any Western economic engagement with Iran comes up against the obstacle of connections with the IRGC - thus stopping Western banks and other institutions from engaging economically with Iran. Ayatollah Khamenei realizes that reintegrating Iran into the global economy would require stripping the IRGC of its control of Iran's economy.

2016-05-23 00:00:00

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