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Skirting U.S. sanctions, Europeans launch trade mechanism for Iran

reuters.com

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Re: Skirting U.S. sanctions, Europeans launch trade mechanism for Iran

#11

Post by skh »

grecy wrote: post #6
nkozyra wrote: post #5

Good. I don't know how much longer Americans are going to buy the boogiemen we keep getting fed. Sovereign nations under the the U.S.' thumb, not being able to control their own destiny only works so long as we're complacent. I sense we're growing tired of war for war's sake, leery of ideological battles built for future blowback down the road. We see enough people profiting from these wars to wonder how much global…

I agree. I keep hearing the most wonderful things about the people of Sudan, I can't wait to get there soon and discover for myself!

I think you misunderstood the ...start asking for receipts part of nkozrya’s comment. nkozrya is not suggesting that U.S. politician’s are never correct in their assessment of evil. nkozrya is suggesting that they aren’t always right. This is hardly a controversial point. Believing otherwise is dangerous. It is critical that we trust but verify claims of our leaders.

Re: Skirting U.S. sanctions, Europeans launch trade mechanism for Iran

#12

Post by entity345 »

zozbot123 wrote: post #7

Wouldn't want to lose access to that oil... who cares about preserving the liberal order and not giving an incentive to states to turn rogue? But hey, President Trump is thinking about doing the same thing wrt. the Ukraine, so who am I to complain? Maybe two wrongs can make a right.

The Iran regime largely owes its very existence to the way the West (particularly UK and US) behaved towards the country.

Do they think that hitting even harder will have any result?

Re: Skirting U.S. sanctions, Europeans launch trade mechanism for Iran

#13

Post by colde »

shaki-dora wrote: post #10
colde wrote: post #3

I'm surprised that Britain is even behind this, as they might have been a bit nervous about the US response, considering their ongoing Brexit. This is a great example of how current US foreign policy means a loss of soft power all over the world. I do think that this is a win for world stability though, trading tends to help relations, which helps stops all sort of unpleasantness. Whether this will be enough i don't…

It’s mostly a win for world stability because it preserves, to a limited degree, the notion that you can mutually agree, put it in writing, and count on the other side fulfilling its obligations as long as you do. Nobody with half a grasp of reality doubts that Iran was fulfilling its end of the nuclear deal. It’s entirely unclear why China, or North K, or really anybody should trust the US Government in the future.…

Absolutely. It's completely stupid to go back on a deal when they were upholding their end. It means that there is no point in any country doing long term deals with the US when they know the next president is just going to tear it up if they feel like.

Re: Skirting U.S. sanctions, Europeans launch trade mechanism for Iran

#15

Post by oriol11 »

entity345 wrote: post #12
zozbot123 wrote: post #7

Wouldn't want to lose access to that oil... who cares about preserving the liberal order and not giving an incentive to states to turn rogue? But hey, President Trump is thinking about doing the same thing wrt. the Ukraine, so who am I to complain? Maybe two wrongs can make a right.

The Iran regime largely owes its very existence to the way the West (particularly UK and US) behaved towards the country. Do they think that hitting even harder will have any result?

I became an islamist terrorist state because they forced me to.

Re: Skirting U.S. sanctions, Europeans launch trade mechanism for Iran

#17

Post by nabla9 »

The mechanism, as I understand it, is just SWIFT network isolated from exposure to US, USD and banks with exposure to the US. It prevents US justice department from monitoring or preventing transactions.

It's my understanding that China has also licensed SWIFT software and will use it to create isolated payment system to shield it's trade with Iran and Russia other countries.

Re: Skirting U.S. sanctions, Europeans launch trade mechanism for Iran

#18

Post by fredley »

colde wrote: post #3

I'm surprised that Britain is even behind this, as they might have been a bit nervous about the US response, considering their ongoing Brexit. This is a great example of how current US foreign policy means a loss of soft power all over the world. I do think that this is a win for world stability though, trading tends to help relations, which helps stops all sort of unpleasantness. Whether this will be enough i don't…

> considering their ongoing Brexit

One of the big campaigns for Leave was that the EU was dampening our ability to trade with the rest of the World. I guess maybe not then?

Re: Skirting U.S. sanctions, Europeans launch trade mechanism for Iran

#19

Post by zozbot123 »

oriol11 wrote: post #14

[flagged]

The idea that any government moves on ethical principles is largely false. Even strong constitutional guarantees and a democratic form of government only make countries behave slightly better from a liberal international perspective (and yet, that slight difference does matter quite a bit in the longer run). But this is exactly why sanctions on badly-behaving actors can be important.
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