One of those dirty secrets that broad swaths of European media and politicians avoid like the plague is the ways in which European countries are propping up Tehran’s regime and its proxies Hamas and Hezbollah via their pro-Iranian trade policies. Last year, Italy and Germany turned out to be Europe’s major economic respirators for Iran’s stagnating economic system, with an overall joint business volume of 10 billion euros.
Last summer, the EU signed off on watered-down economic sanctions targeting Iran. Nevertheless, the EU did awaken from its slumber and banned the delivery of crucial energy technology to the Islamic Republic. Whereas the more robust U.S. sanctions prohibit the acquisition of Iranian gas and crude oil, European countries are permitted to consume vast amounts of the stuff. Iran’s lifeline is the sale of its crude oil, and Italy has an Iranian oil addiction, with imports mushrooming by 90 percent in 2010.
Traditionally, Germany has been Europe’s No. 1 trade partner with Iran. During the second Bush administration, U.S. diplomats urged German engineering firms and banks to end their flourishing deals with Iran. Bush had some striking successes, such as major German financial institutions like Deutsche Bank shutting down their Iranian operations. Bush twisted arms in Germany.
President Obama is limping on both legs in trying to convince Chancellor Angela Merkel to shut down Iranian banks in Germany. Last summer, he called Merkel to persuade her to pull the plug on the Hamburg-based European-Iranian trade bank, an entity that was sanctioned by the U.S. Treasury Department because of its involvement in Iran’s illicit nuclear-proliferation and ballistic-missile program. Merkel simply snubbed Obama.
Despite Merkel’s promises to the Israeli Knesset in 2008 and to the U.S. Congress in 2009 that Israel’s security is “non-negotiable“ and that Iran’s nuclear-weapons program must be stopped, business as usual takes priority over the so-called German-Israeli special relationship and defending Western and global security.
It seems that the time is ripe for President Obama and Secretary of State Clinton to flex their diplomatic muscles and publicly urge Rome and Berlin to implement unilateral sanctions against Iran, as Chancellor Merkel and Prime Minister Silvio Berlusconi are a making a mockery of President Obama’s multilateral effort to isolate the Islamic Republic.