La Banque Postale to work in Iran?
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The Senate on Thursday proposed to use the Banque Postale , which is not exposed in the United States, to support operations and projects of French companies in Iran without being exposed as BNP-Paribas to U.S. sanctions.
"Today we can affirm categorically, no French bank agrees to accompany our businesses in our projects relationship with Iran," said the chairman of the Senate Finance Committee, Philippe Marini, which reported Thursday before the press of a moving senators in Iran. Six senators, three of the majority and three from the opposition, went from 22 to 29 April in Iran at the invitation of the Iranian Parliament to "study the prospects of Iran in economic and financial matters," when partial lifting of international sanctions stirs the appetites of Western companies for this vast market.
"Two weights, two measures"
Recalling what he called "the very serious issue of the risk of fines for BNP Paribas," Mr Marini believes that "most of the bottlenecks" in the activity of French companies in Iran "is in financial flows and banking. " "With regard to blocking financial and banking flows, we propose the effective recovery of viable circuits and we wonder if we could not ask for a particular French establishment with significant capacity and not to our knowledge exposed United States: that is to say, the Banque Postale, "suggested Mr. Marini, among the recommendations made by the Senate as a result of this movement.
Senate delegation, which visited Tehran and Tabriz, visited factories where she "saw operate newer equipment, after 2009 or 2010, which are automated production lines, machine tools supplied by the Germany and Italy, "he told Mr. Marini, seeing a situation of" two weights, two measures "in relation to France. "It is true that German companies can probably count on remaining Landesbanken capitalistically quite independent and which in any case have no exposure to the United States," he noted on regional banks Germany.