In case you have not noticed, President Obama does not give a rat's rear end about Iran going Nuclear. Although the regions Obama puppeteers---the Saudi's---are uncomfortable with Atomic Ayatollahs in Tehran, apparently they will have to pound sand for a while. After all, the Saudi's do not own as much US Debt as China and in the Middle East, like elsewhere, money talks.
Iranian sources are reporting that China and Iran have agreed to a unique method of repayment for China's past oil purchases, which will allow China to avoid any US penalties.
From Fars news, the Iranian Parliament's office of "Planning, Budgeting and Auditing Commission" reveals that the Chinese have agreed to send---as a substitute for cash payments for oil purchased in the past---capital equipment, technology and materials for over 40 joint infrastructure development projects in Iran.
The Managing Director of the National Iranian Oil Refining and Distribution Company (NIORDC) and Deputy Oil Minister, Abbas Kazzemi, announced that China has agreed to finance the development of more oil refineries in Iran. “Refining and distribution for the implementation of developmental projects, especially in the refining sector, will use [require] finance and most of this finance will be provided by China,” says Deputy Oil Minister Kazzemi.
Correct me if I am wrong, I thought Iran was enduring a devastating isolation caused by US sanctions, an isolation that has kept---according to Obama--Iran from realizing its dangerous nuclear ambitions.
In 2012, the United States and the European Union imposed a new round of economic sanctions to prevent Iran’s customers from purchasing oil from, and doing business with, the Central Bank of Iran.
The US/European Union planners, believed their ultimate goals---to prevent Iran from developing a nuclear weapon---where achievable if Iran could not collect on the sales of it oil. Ironically, these sanctions did not prohibit the purchase of Iranian oil, rather the method of payment. No US dollar denominations can be used as payment on purchase of Iranian oil.
A month ago, the BBC reported that Iran has been participating in the reconstruction of Afghanistan’s railroads and bridges for years. Really? So much for isolation.
Much is also being made of President Obama’s foreign policy initiatives and efforts to broker a deal to curb high-grade uranium enrichment and nuclear weapons development in Iran.
Recently, Obama was exposed for voluntarily, and independently, loosening Iranian sanctions and making sanction concessions to Iran for months to promote sanctions reduction meetings involving the US State Department and other world leaders. This suggests that Obama and his cohorts in Europe may have planned Iran’s hand off to China all along.
It should come as no great shock, that US/European Union sanctions have never caused a stranglehold on Iran. The Iranian government has been supplying China (and other Asian countries) with oil for years. It is common knowledge that Iran and China have been working to transform China’s Iranian oil purchases into food and other material goods to be exported back to Iran to support the Iranian economy and further Iranian nuclear ambitions.
Last year, Iran’s Gross Domestic Product was $990 billion. The median income was just over $13, 000. Not bad for a country being strangled by US sanctions, wouldn’t you say?
According to the Iranian Oil Ministries website, China owes Iran at least $22 billion in oil payments blocked by 2012 US oil embargo sanctions. There is no way to calculate the actual amount of money the Chinese owe to Iran for embargoed oil sales. Sales that should have never occurred, but the debt (in dollars) is substantial.
In other words, the Chinese are helping Iran to rebuild their countries infrastructure---which includes their nuclear program--- in exchange for oil and a stake in Iran’s future economic development.
So how does President Obama propose to keep Iran from going nuclear when he is handing it over to the Chinese? How will Chinese/Iranian infrastructure investment keep Iran from developing a nuclear missile program, especially when you consider that Iran will now be using Chinese technology and financing to build over one hundred new nuclear reactors?
If I were in Congress, I would be asking Secretary of State John Kerry more than a few questions about all of this. Obama/ Clinton now Obama/Kerry Foreign policy is not only selling our ally Israel down the river, but the United States as well.
It can now be said, if you have a nuclear program you like, under Obama’s plan, you get to keep it. As long as China pays for it.Don't forget to Like Freedom Outpost on Facebook, Google Plus, & Twitter. You can also get Freedom Outpost delivered to your Amazon Kindle device here.