Wednesday, November 7, 2018

Europe Works To Bypass U.S. Sanctions Against Iran



The Guardian: European 'clearing house' to bypass US sanctions against Iran

France or Germany possible hosts for SPV as EU looks to reward Tehran for nuclear deal

A special clearing house designed to allow European companies that trade with Iran to bypass newly reimposed US sanctions will be set up in Europe within months, possibly in France or Germany.

The clearing house, known as a special purpose vehicle (SPV), is seen as critical to reassuring Tehran that the EU genuinely wishes to reward Iran for signing the 2015 deal on its nuclear programme by expanding business with the country.

Read more ....

WNU Editor: The problem is that no one wants to host this "clearing house" to bypass U.S. sanctions .... EU struggles to find host for Iran trade mechanism (Reuters). What I also find troubling is that the Europeans are doing this after Iran has been accussed of plotting terror attacks against Iranian dissidents in Europe .... Europe Contemplating New Sanctions Against Iran After Terror Plots Uncovered In Denmark And Paris (November 4, 2018).

4 comments:

Anonymous said...

Well France it is after Macron came out and said the USA is a potential enemy of the EU(but not NATO). It is so bizarre the Euro's being close American allies in NATO but declaiming against America in the EU. Its a position they are comfortable with since Hypocrisy is a French and German tradition. Is this in keeping with Mann's thesis of the Duality of Man?

Bob Huntley said...

If the very wealthy can create venues for their massive clandestine financial dealings it should be a no brainer to create a clearing house for the Iran oil sales and I'm an sure it doesn't need a host country to do it.

Anonymous said...

Newsflash

Secret bank accounts in Switzerland are gone

Bob Huntley said...

Anon


So?