🇺🇸🇮🇷🇵🇰 Pakistan is calling Washington's bluff, making clear yesterday it does not feel "obliged" to abide by Washington's sanctions on Iran...
"Operation Economic Outcast," depends on the buy-in/capitulation of Iran's trade partners.
So what if a country like Pakistan, a major non-NATO ally of the U.S., simply declines?
Their government is not only talking about maintaining trade with Tehran, but EXPANDING it, saying there is "a desire" to do so...
Pakistan believes U.S. sanctions, in this case, do not adhere to international law, so they would only feel compelled to accede to them if coming from the UN.
The value of the rial has fallen to all-time lows, and the UAE recently cut off all trade with Iran... so Pakistan refusing to go along with U.S. demands is HUGE.
Pakistan has a played a major role as a mediator in this war, but on this, they're telling the U.S. to go shove it...
Source: Bloomberg / Writer: Michael
$COTI
$RAVE
$TUT
"Operation Economic Outcast," depends on the buy-in/capitulation of Iran's trade partners.
So what if a country like Pakistan, a major non-NATO ally of the U.S., simply declines?
Their government is not only talking about maintaining trade with Tehran, but EXPANDING it, saying there is "a desire" to do so...
Pakistan believes U.S. sanctions, in this case, do not adhere to international law, so they would only feel compelled to accede to them if coming from the UN.
The value of the rial has fallen to all-time lows, and the UAE recently cut off all trade with Iran... so Pakistan refusing to go along with U.S. demands is HUGE.
Pakistan has a played a major role as a mediator in this war, but on this, they're telling the U.S. to go shove it...
Source: Bloomberg / Writer: Michael
$COTI
$RAVE
$TUT
