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The effect of these sanctions can range from the alterations in the foreign policy to the declining export of oil for the country. One domain that has been exposed to restricted development is the oil industry. However it is also noteworthy that the economy of Iran is not entirely dependent on the export of oil for its growth (Momeni, Najafi, & Fathollahi, 2012). Moreover, the sanctions had a negative impact on the potential influx of foreign investors while Iran has also contested these sanctions on various grounds in different organizations. Such a situation has influenced the pace of development of the country. Nevertheless other researchers have persuasively argued that these sanctions have targeted the oil and gas industry, but other businesses embedded in the traditional industries of Iran had trivial effects from such sanctions. Therefore, it has been concluded that the business related to small firms have displayed no significant impact. The UN has also played a significant role in imposing sanctions and as a result the international pressures on Iran to comply with the International charter are example of political role played by the organization.
It is also understood through critical evaluation of the research done by Abbott and Snidal (1998) that United States Security Council was responsible for imposing sanctions on Iraq during the Gulf war when Iraq invaded Kuwait. The International Atomic Energy Agency (IDEA) is also an international organization that keeps a check on the nuclear proliferations. There are various international organizations that are developed under local and international treaties are also functional. The North Atlantic Treaty Organizations (NATO) and Organization of Islamic Corporation (OIC)...
World Trade Organization (WTO) is also an important organization in creating a liberalized effect on global trade and commerce. WTO is also denoted as an organization dealing with international trade and commerce conflicts settlement.
Conclusion:
The charter of international organizations is primarily concerned with the nature of issues sought by these international bodies. It does not mean that they are allowed to unilaterally impose their verdicts on all issues of internal or external nature. The significant role of international organizations in settling issues related to political, economic and regional nature has brought various resolutions and introduced mechanism acceptable for all parties to settle their issues with respect to an agreed framework. International organizations including United Nations, NATO, OIC, and WTO play an important role in settling disputes between member states. The member states are not bound at all times by the membership charter that the decisions of these organizations should be accepted in order to maintain a natural platform for settlements. There is certain conditionality that is applicable for issues to be resolved through the mediation of international organizations like the UN, WTO, and OIC.
Reference:
Abbott, K.W., & Snidal, D. (1998). Why states act through formal international organizations. Journal of Conflict Resolution, 42(1), 3-32.
Momeni, F., Najafi, S.M.B., & Fathollahi, J. (2012). The Necessity of Economic Structural Transformation in Developing Countries toward a Knowledge-based Economy Case Study: Iran.
Reference:
Abbott, K.W., & Snidal, D. (1998). Why states act through formal international organizations. Journal of Conflict Resolution, 42(1), 3-32.
Momeni, F., Najafi, S.M.B., & Fathollahi, J. (2012). The Necessity of Economic Structural Transformation in Developing Countries toward a Knowledge-based Economy Case Study: Iran.
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