Commentary
As European leadership prepares for the sixteenth EU-India Summit, both sides must reckon with trade-offs in order to secure a mutually beneficial Free Trade Agreement.
Dinakar Peri
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In The Media
What Might Happen After Iran Sanctions Are Lifted
The Iranian nuclear program can at best provide only two percent of Iran’s energy needs. It is an economic catastrophe when compared to the lost foreign investment, oil revenue, and sanctions.
Published on Nov 24, 2014
Source: Marketplace
The economic cost of Iran’s nuclear program, in terms of lost foreign investment, oil revenue, and sanctions is about $100 billion dollars, according to Carnegie’s Karim Sadjadpour. Speaking to the Marketplace, Sadjadpour said, “When you look at these enormous costs and you weigh it against what Iran’s nuclear program can really provide in terms of energy, it’s an economic catastrophe.”
“This is a nuclear program which can at best provide only two percent of Iran’s energy needs,” he said, “and in the process of building this nuclear program, they’ve cannibalized their main source of revenue, which is oil and gas.”
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
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