Posted on 02/12/2013 10:14:15 AM PST by Nachum
Multiple foreign corporations that have bypassed or attempted to bypass United States and European Union sanctions against Iran are funding the Atlantic Council, a Washington-based think tank chaired by defense secretary nominee Chuck Hagel.
One council sponsor, Italian oil company Eni, has vehemently defended its trade with Iran, saying it was “proud” of its cooperation with the regime.
“Given the existence of foreign pressures, implementation of most projects in Iran is challenging and complicated,” Eni’s Executive Vice President Guido Michelotti told reporters during a 2011 visit to Iran. “Yet, we have always been interested in cooperation with the Iranian side since we feel proud of cooperation with Iran.”
Eni recently obtained a limited sanctions exemption to recover compensation from Iran for prior work.
(Excerpt) Read more at freebeacon.com ...
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The Italian company Eni being one of Hage's backers does explain Hagel's war on Bush :
The Pentagon is drawing up a blacklist of non-US companies investing in Iran's energy sector with a possible view to barring them from US-awarded contracts in the reconstruction of neighbouring Iraq, according to private-sector sources close to the US defence department. The companies on the draft list include several from countries within the US-led "coalition of the willing", such as oil companies Shell of the UK and Italy's Eni. TotalFinaElf of France is also listed. President George W. Bush last year identified Iraq, Iran and North Korea as an "axis of evil" that pursued weapons of mass destruction and aided... ------- Pentagon to blacklist companies investing in Iran, The Financial Times ^ | March 29, 2003 | Guy Dinmore, Friday, March 28, 2003 10:41:51 PM · by MadIvan
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