US Exports To Iran On The Rise

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The Wall Street Journal reports that U.S. exports to Iran are increasing despite the rising enmity between the two countries.

Proctor & Gamble and Coca-Cola have faced no restrictions in dealing with Iran, and U.S. wheat exports to Iran, which resumed this year after a two-year halt, are still going strong.

The majority of U.S. exports to Iran include medical preparations and equipment, pulpwood and agricultural goods.

Iran - United States Relations
Iran – United States Relations

However, at the same time, European companies have been running into difficulty with U.S. sanctions laws for their dealings with Iran.

Experts have explained the disparity, saying corporate America has been more successful in pleading its cases with U.S. lawmakers.

According to The Wall Street Journal report, in the first six months of the current year, U.S. exports to Iran have increased by 70 percent, an increase of $160 million.

The increase comes amid tightening U.S. and EU sanctions against Iran.

U.S. sanctions take punitive measures against any company or country that has dealings with Iran. In view of these sanctions, many European companies have voluntarily decided to cut off or reduce business with Iran.

EU exports to Iran in the first five months of the year have slid by 32 percent, falling from a value of 4.2 billion euros to 2.79 billion euros.

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2 thoughts on “US Exports To Iran On The Rise

  • August 18, 2012 at 11:27 am
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    Talk of hypocrites?

    Lenin once said the capitalists would sell the rope to be used to hang them!

    Reply
  • August 18, 2012 at 1:23 pm
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    The whole idea behind banking is to make everything that the congress makes illegal for everyone else around the globe illegal and then manufacture a synthetic in the uS using foreign labor and make tons of copper from a copy right and patent.
    That allows the uS to employ that many more IRS agents. (cops, FBI, DEA, CIA, FEMA, Military, etc.)
    Stuff like that started when the uS coined schizophrenia and actually got people to believe individuals heard voices when it was someone carefully placed outside the victim’s recognition that caused the voices and the upcoming Wars with; example, England that killed many Jews.
    The Bush family bankers and others that were once scientists from Germany but were conveniently relocated in the uS to established what we see today.
    The uS is real busy today destroying the truest and purest forms of religion using a currency and politicians…not vicars as Joseph was with Egypt.

    Reply

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