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Europe
Germany halts guarantees for business with Iran over protest crackdown
2022-12-24
[IsraelTimes] Berlin says it has ’completely’ suspended credit guarantees that were unfrozen as a result of Iranian nuclear deal

The German government said Friday it is formally suspending export credit and investment guarantees for business in Iran
...The nation is noted for spontaneously taking over other countries' embassies, maintaining whorehouses run by clergymen, involvement in international drug trafficking, and financing sock puppet militias to extend the regime's influence...
in the wake of authorities’ crackdown on protests.
Something merely suspended can easily be restored. Something like a hudna, in fact.
The Economy Ministry said it also has suspended other "economic formats," including a dialogue on energy issues, in view of "the very serious situation in Iran."

Export credit guarantees protect German companies from losses when exports aren’t paid for. Investment guarantees are granted to protect direct investments by German companies from political risk in the countries where they are made.

The ministry said that use of those instruments for projects in Iran was suspended for decades until there was a "short phase of opening" from 2016 as a result of Iran’s agreement with world powers, including Germany, on its nuclear program. It said that guarantees were granted or extended for a few projects in that period, but there have been no new ones since 2019.
It’s like they secretly agreed with President Trump that Iran’s nuclear agreement was fraudulent — and so they acted on it — all the while castigating President Trump for being the ugliest American of them all.
The German government has now decided to "suspend completely" the guarantees, it added, and exemptions can only be granted if there are solid humanitarian reasons. German-Iranian trade totaled 1.76 billion euros (nearly $1.9 billion) in 2021 and 1.49 billion euros in the first nine months of this year, the ministry said.

Nationwide protests erupted in September after the death of 22-year-old Mahsa Amini, detained by the morality police for allegedly violating Iran’s strict dress code for women. They have since transformed into calls for the overthrow of Iran’s ruling holy mans. Authorities have sought to stamp out the demonstrations and ramp up pressure on critics.

Since the protests started, the United States and European Union
...the successor to the Holy Roman Empire, only without the Hapsburgs and the nifty uniforms and the dancing...
imposed additional sanctions on Iran for its brutal treatment of demonstrators and its decision to send hundreds of drones to Russia for its war in Ukraine. Germany pushed for a meeting of the UN Human Rights Council last month that voted to condemn the crackdown and create an independent fact-finding mission.
The Afghan Digest sez:
Several European countries followed Germany’s lead and suspended guarantees for business dealings with Iran.
But unfortunately they offer no link to allow us to see for ourselves.
Posted by:trailing wife

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