Reuters reports: Iran’s Revolutionary Guards did well under international sanctions, and the elite military force is destined to become still richer now they’ve been lifted.
Iran’s clerical rulers have supported economic growth of the Guards, rewarding the group for sanctions-busting as well as suppressing dissent at home and helping Tehran’s allies abroad – notably Syrian President Bashar al-Assad.
Now the country is expecting an economic boom in the post-sanctions era and the Iranian Revolutionary Guards Corps (IRGC), will be a beneficiary. Likewise, the leadership will ensure it is well funded to continue the effort in the regional crisis, including the Syrian civil war.
The Guards aren’t entirely off the hook, even though the United States, European Union and United Nations lifted most sanctions on Saturday under a deal with world powers where Tehran agreed to curbs on its nuclear program. [Continue reading…]