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Iran-EU Trade Ties Stand at €19bln Despite Sanctions

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posted on Dec, 7 2011 @ 01:27 PM
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According to a report by the Eurostat website, despite the western sanctions and the extra embargos imposed by the EU against Iran, the country ranks 7th in exporting crude oil to Europe.

The report also mentioned that the 27 European states imported €11.4bln of goods from Iran in the first 9 months of the current year.


FNA

This is just a sign how powerful and wealthy EU is to impose the sanctions on Iran.

They just impose the sanctions in front yard , then they import and export in the back yard.

This shows the games they are playing in their policies.



posted on Dec, 7 2011 @ 06:31 PM
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Makes people wonder who actually "owns" the Iranian assets.

Especially the "sanctionable" assets held in foreign countries.

Why would Iran even send investments out of Iran if they know they will be frozen?

Never did quite understand that.



posted on Dec, 8 2011 @ 11:26 AM
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reply to post by xuenchen
 


There are several tricks to troll the sanctions and several ways to trick Iran.

It is just a win-lose game. No one knows what will really happen.



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