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December 11, 2013

Obama Administration Admits Iran Will Get $20 Billion from Sanctions Relief - $13 Billion More Than Initially Reported!

Topics: Iran

When it comes to nuclear negotiations with Iran, you can always count on Iran having the last laugh!


You also can count on the Obama administration miscalculating both the financial and nuclear development benefits to Tehran out of Geneva accords.

Via Haaretz:

Senior officials in the administration of President Barack Obama have conceded over the past few days in conversations with colleagues in Israel that the value of the economic sanctions relief to Iran could be much higher than originally thought in Washington, security sources in Israel told Haaretz.

In official statements by the United States immediately after the agreement limiting Iran's nuclear program was signed in Geneva between Iran and the F six powers at the end of November it was said that the economic relief Iran would receive in exchange for signing the agreement would be relatively low -- $6 billion or $7 billion. Israeli assessments were much higher -- about $20 billion at least.

The United States had originally intended to make do with unfreezing Iranian assets in the amount of $3 billion to $4 billion. But during negotiations in Geneva, the P5+1 countries backtracked from their opening position and approved much more significant relief in a wide variety of areas: commerce in gold, the Iranian petrochemical industry, the car industry and replacement parts for civilian aircraft. But the Americans said at the time that this would at most double the original amount.

However according to the Israeli version, the Americans now concede in their talks with Israel that the sanctions relief are worth much more. According to the security sources: "Economics is a matter of expectations. The Iranian stock exchange is already rising significantly and many countries are standing in line to renew economic ties with Iran based on what was already agreed in Geneva." The sources mentioned China's desire to renew contracts worth some $9 billion to develop the Iranian oil industry and the interest some German companies are showing for deals with Tehran. "In any case, it's about 20 or 25 billion dollars. Even the Americans understand this."

It gets even worse ... turns out that the US released a top Iranian scientist as part of the nuclear deal with Iran.

And as Victor Davis Hanson reminds us, history casts much doubt on the Iran nuclear pact, and we seem to have forgotten that dictatorships rerely, if ever, live up to their agreements. Add to this the fact that in the current "deal" -- Iran keeps much of its nuclear program while agreeing to 'slow its path to weapons-grade enrichment'. The Iranians also get crippling economic sanctions lifted, Iran keeps its nuclear program. It makes lots of money and can apparently maintain its ongoing support for global Islamic terrorism.

The tough sanctions against Iran were finally beginning to work. The regime was getting desperate and running out of money to fund its bomb program and terrorist appendages.

Then, suddenly, we caved -- allowing Iran both a nuclear program and normal commerce. The deal has terrified our Arab friends, bewildered some of our allies and isolated Israel.

Doesn't sound much like a 'win' for the U.S., Israel, and world peace to me ... more like a giant win for Iran and terrorism!

Posted by Hyscience at December 11, 2013 12:21 PM

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