Shahram Farsaee; Hakem Ghasemi; Bahram Navazeni
Volume 25, Issue 108 , March 2020, , Pages 141-168
Abstract
Over the past few years, various viewpoints have beenproposed about the Islamic Republic of Iran’s economic development through its convergence with the Eurasian Economic Union ...
Read More
Over the past few years, various viewpoints have beenproposed about the Islamic Republic of Iran’s economic development through its convergence with the Eurasian Economic Union (EEU). Some scholars argue that the necessity of Iran’s economic developments by means of regional economic convergence should put the EEU’s records of cultural relations and its member states’ geopolitical importance at the focal point of Iran’s economic foreign policy consideration. Others believe that converging with the EEU could pose some challenges to Iran and pave the way for Russia’s expansionist policies resulting in its greater political and economic influence in the region that will entangle Iran in a geopolitical rivalry. This study attempts to analyze the economic opportunities of the Islamic Republic of Iran resulting from its convergence with the EEU to answer for the following question: What economic opportunities will the integration of the Islamic Republic of Iran with the EEU create? The author argues that the mentioned convergence will reduce the impact of western sanctions and prepare the ground for Iran’s and its neighbors’ economic development as well as their foreign trade expansion.
