Iran General NewsItaly says firmly against new Iran energy deals

Italy says firmly against new Iran energy deals

-

ImageReuters: Italian Foreign Minister Franco Frattini said on Tuesday that Rome had taken a firm stance on blocking new oil and gas investments in Iran, where Italy's Eni is involved in the Darkhovin oilfield. ImageJERUSALEM, Feb 2 (Reuters) – Italian Foreign Minister Franco Frattini said on Tuesday that Rome had taken a firm stance on blocking new oil and gas investments in Iran, where Italy's Eni is involved in the Darkhovin oilfield.

Frattini told Italian television from Israel, where he was on an official visit with the prime minister, that his country had gone as far as to suspend export credit guarantees for firms investing in Iran.

"We are absolutely firm about blocking new investments in the oil and gas sector. We have already blocked insurance by the SACE (Italian Export Credit Agency) for anyone investing in Iran. This is a completely correct measure that our Israeli friends will appreciate," the Italian minister said.

Western powers have called for a fresh round of United Nations measures against Iran for refusing to halt uranium enrichment activities.

Iran says it is producing fuel for a peaceful energy programme but the West fears Tehran aims to develop nuclear weapons that would pose a threat to Israel and other countries.

Italy was traditionally one of Iran's main trading partners in Europe but Prime Minister Silvo Berlusconi's close ties with Israel, and diplomatic pressure over the nuclear dispute, have led to a sharp reduction in Italian investments in Iran.

"We were asked to reduce the volume of trade. We have no secrets from our Israeli friends and will give them the trade data. From 2001 to 2008 it fell by more than half and in the first months of 2009 it fell by 30 percent from 2008, while it is less than half of Germany's trade (with Iran)," Frattini said. (Reporting by Valentina Rusconi in Jerusalem; writing by Stephen Brown)

Latest news

What Is Happening in Iran?

Following the brutal killing of Masha Amini, the Iranian people have once again united to fight and defeat the...

Iran Regime’s Ministry of Culture’s Decision To Eliminate Children’s Intellectual Centers

With the so-called ‘Cultural Revolution’ which took place between 1980 and 1983, the Iranian regime tried to purge the...

Water Shortage Crisis and the Destruction of Iran’s Water Resources

Iran is currently suffering from a number of dangerous natural disasters. One of the most worrying is the drying...

Economic Freedom Under the Rule of the Mullahs in Iran

The Fraser institute published its annual report of the index of economic freedom on September 8, which measured the...

Iran’s Regime Continues Its Internet Restriction Project

This is part of the outlook of a document by the Iranian regime’s Supreme Council of Cyberspace, which has...

Iran’s Human Development Index Dropped Sharply

One of the most common questions asked in primary schools by teachers all over the world is, “wealth or...

Must read

Iranian Translator Criticised for Downplaying Trump Speech at UN

Iran Focus London, 21 Sep - An Iranian translator has...

Iran Threatens US, While Their Children Live in the Land of the Free

Iran Focus London, 16 Oct - The speaker of...

You might also likeRELATED
Recommended to you