Abstract
The EU identified Iran’s economic importance in the form of the 2001 European Commission (EC) communication to the European Parliament (EP) and European Council (ECL).
The EU has both political and economic reasons to develop closer ties with Iran … [The Middle Eastern state] could in the future have a significant potential as a regional economic partner, offering substantial opportunities for trade and investment. However, this potential will only develop if Iran engages in a major overhaul of its trade and economic policies. (EC, 2001)1
The emphasis on “overhauling” Iran’s trade and economic policies complements the EU’s peace-through-trade policy, as a more liberal Iranian economic policy would allow for greater EU-Iranian trade, which the EU believes would then enable it to prevent conflict and maintain peace. However, the EU’s peace-through-trade policy failed in Iran between 1979 and 2009, as the country was involved in the conflict with Iraq and continued efforts to pursue strategies that threatened peace, as determined by the EU,2 specifically the abuse of human rights demonstrated by the killing of more than 20,000 political opposition figures and prisoners in the 1980s alone,3 as well as nuclear technology development.
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Notes
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© 2015 Amir M. Kamel
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Kamel, A.M. (2015). Iran, Part I: The Revolution and Two Gulf Wars (1979–1991). In: The Political Economy of EU Ties with Iraq and Iran. The Political Economy of the Middle East. Palgrave Macmillan, New York. https://doi.org/10.1057/9781137439802_6
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