Reading the 12-Article Statute Behind the PGSA
The 12-article statute behind the PGSA, ratified by Iran’s National Security and Foreign Policy Committee on 21 April, formalises the legal architecture: rial-denominated fees, Israeli vessels banned, hostile-flag SNSC approval, 20 per cent cargo confiscation for non-compliance. This post reads each substantive provision against the equivalent at the Suez Canal Authority and the Panama Canal Authority, and shows where the legal-architecture choice produces a sovereignty-asserting state-security instrument rather than a chokepoint authority.