LeeG
09-25-2018, 01:37 PM
That growing divide that coincides with Putins strategy.
https://www.cnbc.com/2018/09/25/eu-russia-and-china-join-forces-to-dodge-iran-sanctions.html
In the latest sign of the growing divide between Washington and its allies, the European Union's foreign policy chief announced Monday that the bloc was creating a new payment mechanism to allow countries to transact with Iran while avoiding U.S. sanctions.
Called the "special purpose vehicle" (SPV), this mechanism would aim to "assist and reassure economic operators pursuing legitimate business with Iran," according to a joint statement released by the remaining members of the Iran nuclear deal — France, Britain, Germany, Russia and China.
"This will mean that EU member states will set up a legal entity to facilitate legitimate financial transactions with Iran and this will allow European companies to continue to trade with Iran in accordance with European Union law and could be open to other partners in the world," Federica Mogherini, the EU's high representative for foreign affairs, told the UN General Assembly on Tuesday.
https://www.juancole.com/2018/09/isolated-europes-outmaneuver.html
Ann Arbor (Informed Comment) – Frederica Mogherini, the High Representative of the European Union for Foreign Affairs, chaired a special session of foreign ministers on the margins of the United Nations General Assembly meeting aimed at outmaneuvering Donald Trump on the Iran Deal.
The meeting was attended by the European Union “Big Three,” i.e. Britain, France and Germany (the E3), plus Russia and China. So four of the five members of the UN Security Council participated. The US was conspicuous by its absence.
In my whole 65 years I have never heard about 4 members of the UN Security Council meeting without the US and with the express purpose of outflanking Washington Policy! This is both weird and ominous.
https://www.cnbc.com/2018/09/25/eu-russia-and-china-join-forces-to-dodge-iran-sanctions.html
In the latest sign of the growing divide between Washington and its allies, the European Union's foreign policy chief announced Monday that the bloc was creating a new payment mechanism to allow countries to transact with Iran while avoiding U.S. sanctions.
Called the "special purpose vehicle" (SPV), this mechanism would aim to "assist and reassure economic operators pursuing legitimate business with Iran," according to a joint statement released by the remaining members of the Iran nuclear deal — France, Britain, Germany, Russia and China.
"This will mean that EU member states will set up a legal entity to facilitate legitimate financial transactions with Iran and this will allow European companies to continue to trade with Iran in accordance with European Union law and could be open to other partners in the world," Federica Mogherini, the EU's high representative for foreign affairs, told the UN General Assembly on Tuesday.
https://www.juancole.com/2018/09/isolated-europes-outmaneuver.html
Ann Arbor (Informed Comment) – Frederica Mogherini, the High Representative of the European Union for Foreign Affairs, chaired a special session of foreign ministers on the margins of the United Nations General Assembly meeting aimed at outmaneuvering Donald Trump on the Iran Deal.
The meeting was attended by the European Union “Big Three,” i.e. Britain, France and Germany (the E3), plus Russia and China. So four of the five members of the UN Security Council participated. The US was conspicuous by its absence.
In my whole 65 years I have never heard about 4 members of the UN Security Council meeting without the US and with the express purpose of outflanking Washington Policy! This is both weird and ominous.