Back on November 4, a raft of U.S. sanctions on Iran snapped back into force, six months after the Trump Administration withdrew the U.S. from the Iran nuclear deal. How Iran, U.S. allies, and U.S. competitors react to the stresses brought about by Trump’s decision will have far-reaching impacts for geopolitics, global energy markets and security, and financial markets.
On the latest episode of the Columbia Energy Exchange podcast, host Jason Bordoff discusses the guideposts to watch out for in this space over the next year with Richard Nephew, a senior research scholar at CGEP and the former Principal Deputy Coordinator for Sanctions Policy at the Department of State. In his prior role Richard was instrumental in designing the sanctions regime against Iran as well as the deal that lifted them, known as the Joint Comprehensive Plan of Action.
Jason and Richard recently sat down in New York to discuss the current state of sanctions policy against Iran, the practical aspects of enforcement given today's landscape, the role that India and China will play in determining the effectiveness of sanctions implementation, and many other issues.