In 2008 the EU was Iran’s top trading partner with imports and exports totaling USD 36.4 billion.
Security Council resolutions and focused sanctions serve as public relations window-dressing. Europe is the key to any meaningful behavior-modifying sanctions on Iran.
The continued focus on Russia and China’s intransigence is allowing Europe to stay under the radar. In 2008 the EU was Iran’s top trading partner with imports and exports totaling USD 36.4 billion.
The prevailing wisdom is that Europe needs Iran for its energy needs and is unable to cut off trade in a recessionary environment. Iran ranks as the EU’s fifth supplier of crude oil after Russia, Norway, Libya, and Saudi Arabia.
Saudi Arabia can step in, as it has done at least once in the past, to fill the oil vacuum created by sanctioning the Iranian Revolutionary Guard Corps (IRGC). To peacefully weaken the IRGC’s muscle, Europe has no choice but to act now and cut off their source of capital.
Europe should note that Iranians won’t fast forget countries that thwart their march toward democracy and freedom. The writer is former U.S. assistant secretary of state for educational and cultural affairs.
Source: Wall Street Journal Europe, written by Goli Ameri.
People who do not walk the talk are hypocrites.
The oil and gas greed of the rich nations in Europe have no limits. They make money on trade with Iran as we speak, and while the Iranian Government butcher their own population. The nuclear weapons program is another money making opportunity for European companies. The attitude seems to be: «To Hell with Israel, as long as we make money».