good carma will follow your donation to free republic
Posted on 01/28/2016 2:04:25 PM PST by Oldeconomybuyer
Europe, whose economic struggles have grown that much greater with recent problems in crucial markets like China and Russia, is rushing to do business with a newly accessible and eager, if still problematic, partner: Iran.
With the lifting of sanctions after its nuclear deal with the West, Tehran has gone shopping this week, bringing its checkbook and a long list of items it had been unable to acquire for years.
Despite lingering animosities and the United States' designation of Iran as a sponsor of terrorist groups, European governments and corporations have made it clear that economic opportunity is going to trump concerns over human rights, security and politics for now.
Mr. Rouhani represents one-stop shopping by himself: The Iranian government controls 80 percent of the country's economy. And with Iran's population of around 80 million, much of it young and eager to spend after years of cheap Chinese goods, Western companies cannot get there fast enough.
(Excerpt) Read more at nytimes.com ...
I guess he’s not a good candidate to buy the Playboy mansion, huh?
Money ain’t the issue.
Eurabia will become Iran’s new Wal Mart.
The euros pucker up...
Lest they offend their guest, the French have kept wine off the menu, and the Italians covered up nude statues. So far the courtship has worked swimmingly.
Italian and French business leaders have barely been able to sign the contracts fast enough, even as the Germans look on enviously.
By the end of Thursday morning, less than 24 hours into Mr. Rouhani’s visit to France, the carmaker Peugeot Citroën had signed a 400 million euro deal, about $438 million, with the Iranian carmaker Khodro. The oil company Total said it would sign a deal for between 150,000 and 200,000 barrels a day. Airbus will sell 118 planes to the Iranians.
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There are no “new economic freedoms.” Iran’s government is extremely centralized under the Ayatollah. It’s pretty much a communist government.
I wonder if he sent a thank you card to Ted Cruz for being an enabler in the Obama/Kerry/Iran $170 billion nuclear deal.
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