What are the arguments against Iran divestment?
There are several main arguments against divestment from Iran. First, some (including the U.S. State Department) argue that divestment policies will block diplomatic efforts. Such arguments focus on the belief that divestment and the other “sticks” of foreign policy will not motivate Iran to work with the United States toward a compromise, but will instead alienate the Iranian government and hinder progress. Unfortunately, it is too late to rely solely on back-channel diplomacy. Divestment is one effective way to show Iran how serious the United States is about opposing the creation of nuclear weapons. Second, some argue that the effects of divestment will be minimal in Iran while the portfolios and pension funds involved in divestment will be hit the hardest. This view calls for more substantial action to be taken by the United States and its allies, whether through robust multilateral sanctions or military action. Third, some cite the possible implications for American businesses. Th
