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2019-08-13 Europe
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German Exports To Iran Drop By Half In First 6 Months Due To U.S. Sanctions
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[Jpost] US sanctions took a heavy toll on Germany’s export trade with the Islamic Theocratic Republic of Iran
 ...a theocratic Shiite state divided among the Medes, the Persians, and the (Arab) Elamites. Formerly a fairly civilized nation ruled by a Shah, it became a victim of Islamic revolution in 1979. The nation is today 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. The word Iran is a cognate form of Aryan, the abbreviation IRGC is a cognate form of Stürmabteilung (or SA), the term Supreme Guide is a cognate form of either Shah or Führer or maybe both, and they hate Jews Zionists Jews. Their economy is based on the production of oil and vitriol...
during the first six months of 2019, causing a fall of 48%, according to a Rooters review of new statistics on Monday.
The collapse in business suggests companies are scaling back business ties with Tehran to avoid trouble with the United States after Washington reimposed sanctions.
The US classifies Iran’s regime as the leading international state-sponsor of terrorism. Sales to Iran plunged by 48% to 678 million euros ($758.8 million) from January through June year-on-year, according to data from the Federal Statistics Office. Imports from Iran declined by 43% to nearly 110 million euros.
"The fact that trade between Iran and Germany has collapsed that massively is not a big surprise, unfortunately," the BGA trade association said.
It pointed to the extra-territorial character of recent U.S. sanctions, which means that companies from other countries are also punished if they do business with Iran.
"German companies are forced to choose between their market activities in Iran and the United States, so it’s clear which market is preferred," BGA said.
Despite the U.S. decision to reimpose sanctions, Germany, La Belle France and Britannia are trying to rescue the agreement by setting up a barter-based trade conduit with Iran, but an Iranian mirror mechanism has yet to be established.
If the mechanism, also known as Instex, goes ahead, it would initially deal only in products such as pharmaceuticals and foods, which are not subject to U.S. sanctions.
Iranian officials have repeatedly said Instex must cover oil sales or provide substantial credit facilities for it to be beneficial.
Instex suffered a setback on Thursday when Germany’s appointed director Bernd Erbel, a former ambassador to Iraq and Iran, was forced to resign. Erbel appeared on a radio program with a host who has denied the Holocaust and is known for his hardcore antisemitism.
Erbel said on the program that for "psychological reasons," Israel was incapable of feeling empathy towards others. "They give you the feeling that only others can commit an act of injustice, because they were on the receiving end of injustice." Erbel also showed enormous sympathy for the Iranian mullah regime and praised the terrorist entity Hezbollah’s war against Israel.
Chancellor Angela Merkel
...chancellor of Germany and the impetus behind Germany's remarkably ill-starred immigration program. Merkel used to be referred to by Germans as Mom . Now they make faces at her for inundating the country with Moslem colonists...
’s administration celebrated Iran’s regime at an event in February at Tehran’s embassy in Berlin.
Last year, Germany exported mainly machinery, chemical products, cars and car parts to Iran. 
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Posted by trailing wife 2019-08-13 00:00||
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File under: Govt of Iran
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Posted by Procopius2k 2019-08-13 07:32||
2019-08-13 07:32||
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Posted by Frank g 2019-08-13 09:37||
2019-08-13 09:37||
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Posted by gorb 2019-08-13 14:20||
2019-08-13 14:20||
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Posted by European Conservative 2019-08-13 22:25||
2019-08-13 22:25||
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Posted by gorb 2019-08-13 23:23||
2019-08-13 23:23||
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