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| Europe | |
| The price of imposing EU sanctions on Iran | |
| 2007-10-06 | |
The 27 EU nations' commerce with Iran stood at 37 percent of the Islamic republic's total foreign trade from March 2006 to March 2007, according to a document from the economics department of France's embassy in Tehran. But this figure "is down compared to the two previous years", it said, because the EU is "progressively losing its share of the market to Asian countries." Italy: Rome is Tehran's top European trading partner with two-way trade totalling 5.2 billion euros (7.3 billion dollars) in 2006, though Italian exports there decreased by 18 percent last year. Oil and gas group Eni is the biggest Italian investor in Iran, running with the Iranians the onshore oil field at Darquain and is an operator of the giant South Pars gas field. In the auto sector, Fiat is a main partner of Iran's PIDF in producing and distributing the Fiat Palio line of cars, which are specially produced for developing countries. Germany: Berlin is Europe's top exporter to Iran, and accounts for 12 percent of all Iranian imports &0151; mainly through industrial equipment, metal and chemical products &0151; beaten only world-wide by the United Arab Emirates. After a period of spectacular growth, these figures declined in 2006. Almost all German banks stopped their activities in the Islamic republic following pressure from the United States. France: Once ranked third in terms of market share for imported products by Iran, Paris fell to fifth in 2006. Crude oil represents about 97 percent of French imports from Iran, while refined oil products from France are among the biggest items heading the other way. Under a deal from last year, oil giant Total is set to exploit phase 11 of South Pars to produce liquefied natural gas (LNG) for export and to build a liquefaction plant, but the deal is held up by a dispute over prices. Iran is also important for France's auto sector. It accounts for around two thirds of French sales to the Middle East. | |
| Posted by:lotp |
| #4 JOE'S BETTER at IT. |
| Posted by: Zenster 2007-10-06 23:38 |
| #3 dit dit dit da da da ..... flash, flash, flash, New England to go the way of the CSA? Film at 11. Army of Northern Virginia on the move, NY National Guard helpless, Hudson Valley threated by nary-do well, good times over for nation leech states. General D. Blues offers kindly surrender terms but shows the pepper of deth. |
| Posted by: Thomas Woof 2007-10-06 12:02 |
| #2 RUMORMILLNEWS > SECESSIONIST.US > SECESSION PROJECT - SECESSION from US Union is a natural right of US Citizens; + IRAN > MULLAH - WEST CANNOT STOP IRAN FROM GETTING NUCLEAR TECHNOLOGY. |
| Posted by: JosephMendiola 2007-10-06 01:44 |
| #1 Do none of these European shits feel the least twinge of conscience over dealing with one of the world's biggest sponsors of terrorism? Fiat is a main partner of Iran's PIDF in producing and distributing the Fiat Palio line of cars, which are specially produced for developing countries. When driven past a synagogue do they spontaneously explode? |
| Posted by: Zenster 2007-10-06 00:39 |