Following Iranian Elections, Commercial Dispute Resolution Quotes Jasper Helder on Sanctions Update
Commercial Dispute Resolution has quoted Akin Gump international trade partner Jasper Helder in “Iran post-election sanctions update,” an article reporting on the prospects for Iran’s re-engagement with the global economy and the fate of the country’s landmark nuclear deal, known as the Joint Comprehensive Plan of Action (JCPOA), following the re-election of President Hassan Rouhani.
Helder said that Mr. Rouhani’s victory was probably the better option for the JCPOA. “While there is a ‘snap back’ clause [which voids the deal if Iran breaches its terms],” he said, “it remains to be seen if any of the parties to the JCPOA would want to invoke that, as this could end the JCPOA which might trigger Iran reviving its (military) nuclear program.”
Helder highlighted other issues, such as Iran’s missile program and its role in regional conflicts, like those in Syria and Yemen, as additional causes for concern. As a result, he said Mr. Rouhani’s foreign policy intentions are very relevant for future sanctions developments. “In that regard, it is important to note that besides Iran’s president, the Supreme Leader of Iran also has considerable influence, as does the Guardian Council, which appears to be controlled presently by conservatives,” he added.