Saturday, July 21, 2007

50 German firms under investigation for helping Iran's nuke program




Germany, Iran's largest trade partner is investigating scores of companies suspected of aiding Iran's nuclear program:


Officials said 50 German companies may have been involved in the sale dual-use systems and material required for Iran's nuclear project. They said Berlin has determined that the shipments were being used to complete Iran's nuclear energy plant at Bushehr.

"The equipment was ordered by Russia and diverted to Iran," an official said.


I find it hard to believe that the Germans did not know this all along. On the record, Europe claims to be as concerned as America about a nuclear-armed Iran. The record also shows, however, that Europe's biggest countries do a booming business with the Islamic Republic. And so far for the Continentals, manna trumps security.


The European Union--led by Germany, France and Italy--has long been Iran's largest trading partner. Its share of Iran's total imports is about 35%. Even more notable: Its trade with Tehran has expanded since Iran's secret nuclear program was exposed. Between 2003 and 2005, Europe's exports rose 29% to €12.9 billion; machinery, transport equipment and chemicals make up the bulk of the sales. Imports from Iran, predominantly oil, increased 62% to €11.4 billion in that period.

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