Iran-Iraq Relations in light of US Sanctions

By  for Al Monitor. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News

The reimposition of US secondary sanctions has compelled Tehran to look for ways to reduce their negative impact.

According to Iranian officials, one of the strategies is to increase trade and interaction with its neighbors.

This is not new to Iran, as the country has pursued a policy of improving relations with immediate neighbors including investments in increased energy interdependency. Yet the past rationale for regional policy was more focused on security considerations.

This time, the rationale has been expanded to include trade and economic reasons. However, this strategy is facing challenges on multiple fronts, most importantly due to the existing tensions between Iran and her southern Arab region.

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(Picture Credit: Tasnim, under Creative Commons licence)

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