"Golden Straightjacket"

Ben Falk | May 27, 2005

The international community has finally agreed to fit Iran for, as Thomas Friedman puts it in The Lexus and the Olive Tree, the "golden straightjacket" of international trade. The WTO will allow Iran to begin accession talks after the US blocked its entry into the organization 22 times since 1996. Entry into the WTO was the carrot used to entice Iran into renewing its pledge not seek nuclear weapons.