”It’s beyond comprehension that the European Union, including the British Government are prepared to open up lending again to Iran, especially as we know that their nuclear ambitions are far from over. The Trump Administration will take a very dim view of this.” Yes, that is true. But in Britain they’re too busy readying a snarling Trump blimp to fly over London while the President is visiting to think about trivial matters such as funding Iran’s nuclear program and violent repression of its own people. The European Commission and the Theresa May government in Britain deserve the condemnation of all free people for this, and if the Iranian mullahs succeed in firing off nuclear weapons, the blood will be on their hands.
“‘Beyond comprehension’ that European Commission wants EIB to lend money to US-sanctioned Iran – Nigel Farage,” UKIP Press release, July 4, 2018:
The European Commission has called for the European Investment Bank to fund US-sanctioned Iran and is supported in this by the British Government. Because all international loans are denominated in US dollars, it would mean the EIB could be shut out of the lending market and pushed into default.
The European Parliament today heavily rejected an UKIP objection to a delegated act from the European Commission allowing the EIB to lend money to Iran.
At an EP Budget Committee 28th May 2018, the EIB rep (quotes below) says raising funding on the international market was a life and death issue for the EIB. And if the EIB lent money as the European Commission wants, to Iran, the EIB would be shut out of the dollar market and effectively pushed into default.
The UK representation in Brussels has clarified that the British government has supported the European Commission in calling for the EIB to lend money to Iran.
UKIP MEP Nigel Farage said:
”It’s beyond comprehension that the European Union, including the British Government are prepared to open up lending again to Iran, especially as we know that their nuclear ambitions are far from over.
The Trump Administration will take a very dim view of this.“
Unless objected to by Council or European Parliament, the delegated act proposal will be adopted by Commission on 6th August 2018….
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