The Return of U.S. Sanctions on Iran: Challenges and Prospects for Korea
Jung, Jae Wook | January 2019
The economic relationship between Korea and Iran encountered a huge obstacle in 2018, which both parties are still trying to overcome. On July 14, 2015, Iran and the P5+1 (the United States, the United Kingdom, France, Russia, China, and Germany) agreed on a Joint Comprehensive Plan of Action (JCPOA) regarding Iran's nuclear program. The JCPOA was implemented on January 16, 2016, but lasted less than three years before President Trump of the United States withdrew on May 8, 2018, with Iran and the other participants still staying in the deal.
CitationJung, Jae Wook. 2019. The Return of U.S. Sanctions on Iran: Challenges and Prospects for Korea. © Korea Institute for International Economic Policy. http://hdl.handle.net/11540/9514.
Regional Economic Integration
Economies in transition
Gross domestic product
Economic development projects
Success in business
Communication in economic development
Restraint of trade
International economic integration