August 30, 2018 Joseph Puder
Germany’s foreign minister, Heiko Maas, is seeking a way to undercut the Trump administration sanctions against trade with Iran. At a cabinet meeting in Berlin earlier this month he stated that “Europe needs to set up payment systems independent of the United States if it wants to save the nuclear deal between Iran and major powers that were abandoned by President Donald Trump…That is why it is indispensable that we strengthen European autonomy by creating payment channels that are independent of the U.S., a European monetary Fund and an independent Swift system.” He added, “Every day the deal is alive is better than the highly explosive crisis that would otherwise threaten the Middle East.”
Politico reported (August 12, 2018) “EU leaders including U.K. Foreign Secretary Jeremy Hunt, France’s Jean-Yves LeDrian, Germany’s Heiko Maas, and EU top diplomat Federica Mogherini issued a statement making clear they are actively working to thwart renewed U.S. sanctions against Iran.” They added, “We deeply regret the re-imposition of sanctions by the U.S., due to the latter’s withdrawal from JCPOA, the EU is taking legislative action – activating a so-called blocking statute – in a bid to protect EU businesses operating in Iran from U.S. economic sanctions.”........ despite evidence that Iranian embassies in Europe are being used as bases for Iranian terrorist operations in Europe, EU legislators have approved plans for the European Investment Bank as a way to do business with the oppressive Iranian theocracy. ...........To Read More...
My Take - The problem with EU leadership is they actually think they have a say in what goes on in the world. And as long as blithering idiots like Obama are in charge they do. However, that's not the case now, and that illusion will soon dissipate.
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