Experts: Europe Will Benefit Economically From Iran Accord

[Purveyor]

BERLIN – The European Union stands to reap major economic benefits from the interim agreement with Iran over resolving Tehran’s nuclear program.

As part of the agreement between the major powers and Iran, key areas where sanctions relief is provided are the lucrative automobile trade and access to its foreign reserves.

Israeli and German foreign policy experts weighed in on the agreement for Europe.

The French-born Israeli Emmanuel Navon told The Jerusalem Post on Sunday, “This temporary relief will benefit European car manufacturers that currently export to Iran, such as BMW, Mercedes-Benz, Rover, Audi, Volkswagen, Renault and Peugeot.”

Navon, who is the director of the Political Science & Communication Department at Jerusalem Orthodox College, added “According to the deal signed in Geneva, Iran will enjoy a relief package worth about $7 billion over the six months of the interim agreement.

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http://www.jpost.com/International/Experts-Europe-will-benefit-economically-from-Iran-accord-332902

[Comrade Grumpy]

1. If I were the supreme leader, I would tell France in particular to fuck off.