Posted on 08/09/2016 11:17:36 AM PDT by Olog-hai
A hoped-for export bonanza has failed to materialize a year after a deal to lift international sanctions against Iran over its nuclear program, a German industry association told AFP Monday.
“Despite increased foreign trade, there is a certain disillusionment,” Volker Treier, chief economist at the German Chambers of Commerce and Industry (DIHK), said.
German exports to Iran had increased 11 percent in the first four months of 2016 to €890 million, and likely stood at over €1 billion in the first six months, Treier said.
That leaves a lot of ground to make up if firms are to match DIHK forecasts of €5 billion of exports annually within three years of the deal, mounting to €10 billion within five years. …
(Excerpt) Read more at thelocal.de ...
The Iranians are only interested in the money needed to develop the means to mount a nuclear attack on Tel Aviv and Washington. The ayatollahs have no interest in Reisling or Christmas tree ornaments.
That’s correct.
But judging by what’s been happening in France, Belgium and Germany of late, they have their sights set on their historic enemy too. Talk about centuries-old revanchism.
Agree, Merkel is a fool.
Seimens hasn’t figure out how to make billions helping Tehran’s Terrorists kill Westerners?
I guess Germany is hoping they get nuked last.
Germany needs to pay for Merkel’s sins. Pay dearly!
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