Here is evidence depicting how dependent the European Union was upon Iranian oil prior President Trump's increased sanctions upon Iran.
Trump had mandated the EU would receive no more loans from the International Monetary fund (IMF) where the Dollar is still the International Standard Currency, nor loans from the United States if the any EU nations broke the embargo on Iranian trade.
House Speaker Nancy Pelosi rushed the impeachment quickly through the House, ignoring her ability to subpoena witnesses, by January 1st, 2020, hoping the value of the US dollar would collapse and the International Monetary Fund would substitute SDRs as the new International currency. This would recruit more senatorial support for Trump's impeachment. Trump's rebuilding of our economy and Gross Domestic Production was enough to pay down our national debt with $11 trillion new dollars and strengthen the value of our dollar. The Democrat plot to impoverish the United States and advance the merger with the North American Union collapsed. So they switched tactics to such a vague accusation of "Impeachment for Abuse of Power" for a quid-pro-quo dig-up-dirt-on-Biden deal with Zelensky.
Nobody in their right mind would believe this nonsense. Follow the money, guys!
The EU is looking to the myriad of subsidiaries of BURISMA Holdings and its partner the Russian Mafioso controlled Privatbank of the Ukraine as a potential loophole to circumvent the Sanctions on Iranian commerce. Burisma's owner, Mykalo Zlochevsky has opened a new energy business in Monaco after vanishing from the Ukraine, and Burisma, headquartered in Cyprus, has contracts with Mexico, Italy, Kazakhstan and Germany, (Germany being Iran's former biggest EU trading partner).
Apparently, the Democrats would prefer to subsidize the Russian Mafia through Barisma and the Privatbank and contract with Iranian terrorists who have moved into Latin America and threaten our borders, hiding out in our sanctuary cities, than defend our own national security or the national security of the Ukraine. (see CR's post above) All Trump wanted was to allow the Ukrainian President time to clean up this crooked Ukrainian bank prior our depositing one more cent into this capital of embezzlement.
The Democrats parading its presidential candidate Joe Biden as a victim feigning persecution, while President Trump shields us from Russian Mafioso bankster-gangsterss and terrorist, a virtual den of thieves, is beyond the pale.
https://en.radiofarda.com/a/iran-s-exports-to-eu-drop-sixteen-fold-as-europe-stops-buying-iranian-oil/29920816.htmlIran’s Exports To EU Drop Sixteen Fold As Europe Stops Buying Iranian Oil"Based on the latest official figures released by the European Union, the amount of Iranian ex-ports to the EU in the first two months of 2019 have dropped SIXTEEN FOLDS compared with the same period in the previous year.
"Meanwhile, the value of the EU export to Iran also decreased nearly to one-third of what it was in January-February 2018.
"The statistics published on the official website of the statistical office of the European Union, Eurostat, also reveal that the value of products the Islamic Republic exported to the EU was only 136 million euros (approximately $152 million).
"The same source also reveals that before the United States’ withdrawal from the Joint Com-prehensive Plan of Action (JCPOA) or Tehran’s nuclear deal with world powers in May 2018, the value of Iranians export to the EU in the first two months of the same year amounted to more than 2.2 billion euros (approximately $2.5 billion).
"However, the dramatic drop in Iranian exports to EU was in line with expectations, since 90% of it was crude and energy-related products. European countries stopped buying oil from the Islamic Republic in mid-2018.
"The United States imposed financial and industrial sanctions on Tehran in August 2018, fol-lowed by bans on its oil exports and banking sector in November.
"In the meantime, the value of the EU exports to Iran also dropped to 621 million euros ($695 million) in January-February 2019, while in the same period last year it amounted to 1.56 billion euros (roughly $1.75 billion).
"According to the European Commission official figures, the 28-member union exported 8.9 billion euros (approximately $9.9 billion) to Iran in 2018, about 17.6 percent less than 2017, while their imports from Iran declined 4 percent year-on-year to 9.72 billion euros (approximately $10.86 billion).
"he details of the statistics point to the fact that Iranian exports to the EU started to plummet in mid-2018, as most European clients stopped buying crude from Iran.
"The value of EU's imports from Iran amounted to 9.72 billion euros (roughly $10.855 billion) in 2018, or 4% less than 2017.
"Germany, Italy, France, Spain, Belgium, the Netherlands, Austria, and Greece are the leading European trade partners of the Islamic Republic, respectively.
"The latest statistics show that exports and imports between each of these individual countries and Iran have also sharply dropped in the first two months of the current year.
"Germany, as the biggest trade partner of Iran, lost almost half of its exports' value to the Islamic Republic in the first two months of 2019.
"Nonetheless, the other major European trade partners of Iran lost more exports to the Islamic Republic than Germany.
"Based on the EU statistics, France, Italy, Spain, and Greece used to buy Iranian crude up to mid-2018, which accounted for almost all of the imports from the Islamic Republic.
"Iran Trade Promotion Organization (ITPO) recently reported that the value of Iran's imports from the EU in last Iranian calendar year (ended March 20, 2019) reached $9.82 billion, with nearly 22% drop compared with the previous year.
"China, the United Arab Emirates, and the EU are now Iran's main trading partners, accounting for 19.5%, 16.8%, and 16.3% of Iran’s trade respectively. The EU used to be the first trading partner of Iran before the current U.S. sanctions regime was imposed on the Islamic Republic."
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The history of this Barisma and partnership with Privatbank with its ties to Russian Mafia oligarchs, embezzlement of funds, lack of banking liquidity, ties to terrorism since the Maiden Revolution in the Ukraine with Mikhal Khordakovsky and George Soros, international terrorists and drug traffickers, is public knowledge and well understood by every Democrat congressman in office. Just how much of our American aid to the Ukraine deposited in this notorious bank, would reach the Ukrainian soldiers and people?