US is preparing to slap more punitive sanctions on Iran

US is preparing to slap more punitive sanctions on Iran

New York City : NY : USA | Oct 07, 2012 at 3:14 PM PDT
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Panetta Threatens 'First Strike' Against Iran Without Congressional Approval

The issue of Iran’s nuclear program continues to invite the wrath of the world powers including the United States. Iranian officials remain intransigent in claiming that their nuclear program is for peaceful purposes, while the world powers are suspicious about it. US Defense Secretary Leon Panetta said on Saturday that Iran must respond to the concerns of the international community or get ready for additional punitive sanctions. He, however, did not elaborate on the nature of sanctions for the Islamic Republic. The defense secretary said that the international community wants to resolve the issue through dialogue and diplomacy but Iran is not responding to calls from the world powers.

Despite repeated demands from Israeli Prime Minister Benjamin Netanyahu, the Obama administration has refused help attack the nuclear facilities of Iran. The Obama administration does not want to take extreme step against Iran at this time. It may be pertinent to mention here that three rounds of dialogue with Iranian representatives have already taken place, but in vain. All of these rounds remained inconclusive owing to the intransigence of Iranian officials. The six world powers - the US, Russia, China, Britain, France and Germany - have held dialogue with Iran in Istanbul, Baghdad and Moscow respectively.

In these talks, Iranian officials demanded the world powers to relax sanctions imposed on exports of the Iranian oil. However, the six world powers asked Iran to first show seriousness on halting the enrichment of uranium. This dialogue process was resumed after more than a year with the hope that diplomacy and talks would work. Why do these world powers keep pressing Iran on its nuclear program? The world powers, including Israel, believe that Iran is developing atomic bomb under the garb of a peaceful nuclear program, and if Iran succeeds in developing the nuclear weapons, security and stability of the whole region will be at stake.

Iranian President Mahmoud Ahmadinejad spares no opportunity to lash out at Israel and terming the state "illegal" and "illicit" in the Middle East. Keeping aside rhetoric of the president, sanctions imposed by the US and its allied European countries have started affecting the economy of Iran. According to media reports, in the last one week, Iranian currency has shed around 40 percent of its value. The sanctions would prove disastrous for the Islamic Republic if does not mend its ways. Pro-democracy people and human rights activists in the conservative country are already out on the streets, protesting against the regime following the sharp decline in the country’s currency value.

To avoid more sanctions, Iran should adopt a serious attitude towards the demands of the international community to resolve the issue through dialogue and negotiations.

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From: woody1778a
StephenManual is based in New York City, New York, United States of America, and is a Reporter on Allvoices.
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