September 1, 2014
THE FRUITS OF ALLIANCE:
Iran Negotiations Are Bearing Fruit (for Iran) (Michael Rubin, 09.01.2014, Commentary)
When it comes to the Iranian economy, however, the negotiations have been nothing but positive. According to Iran's Central Bank, the Iranian economy contracted by 5.4 percent in the Iranian calendar year ending on March 20, 2013. Obama's team promised Iran perhaps $7 billion in sanctions relief just to come to the table to negotiate. [...]Consider the latest headlines:*Iran has announced that in the first five months of the Iranian year (March 21-August 21, 2014), trade volume has increased 136 percent.*The deputy finance minister announced yesterday that foreigners' willingness to invest in Iran has increased 500 percent. In addition, Iran has announced that they have received more than 300 European and Arab trade delegations.*Iranian officials singled out Qatar, the tiny, gas-wealthy Persian Gulf emirate that increasingly finances terrorist groups and encourages the growth of radical Islamism abroad, for its willingness to invest in Iran.
Posted by Orrin Judd at September 1, 2014 4:03 PM