Germany Helps companies Evade Iran Sanctions

...Despite the opposition of President Obama—and his defense secretary nominee Chuck Hagel—it has been the U.S. and European unilateral sanctions toward Iran’s central bank and energy sector that have proven most effective. And contrary to the insistence of some Iran experts and anti-sanctions activists, China hasn’t simply filled the gap. How unfortunate that the weak link in sanctions meant to avoid military action against Iran is coming from Germany. Perhaps detecting President Obama’s own lackluster commitment to preventing Iranian nuclear breakout, Germany figures now is as good a time as any to make a quick buck.

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Germany Helps companies Evade Iran Sanctions

...Despite the opposition of President Obama—and his defense secretary nominee Chuck Hagel—it has been the U.S. and European unilateral sanctions toward Iran’s central bank and energy sector that have proven most effective. And contrary to the insistence of some Iran experts and anti-sanctions activists, China hasn’t simply filled the gap. How unfortunate that the weak link in sanctions meant to avoid military action against Iran is coming from Germany. Perhaps detecting President Obama’s own lackluster commitment to preventing Iranian nuclear breakout, Germany figures now is as good a time as any to make a quick buck.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.