Page 42 - Shahrvand BC No. 1263
P. 42
Real Reason Saudi Arabia Doesn’t English Section 42
Want Friendlier U.S.-Iran Relations
General Motors has been engaging in intensifying talks
with Iran Khodro, the leading Iranian auto manufacturer,
according to a report in Le Figaro. Other American
companies have already been doing business in Iran
Lessened sanctions might cause oil prices to fall, and the Kingdom’s
revenues along with them.
KAVEH WADDELL Fitch, the international 1392 نابآ10 جمعه- 1263 شماره/ سال مکیو تسیب
credit rating agency,
The Atlantic-- estimated that relaxed
Saudi Arabia dealt a high-profile snub to the international sanctions could soon
community and the United States on Friday when it turned bring 800,000 barrels
down a rotating seat on the United Nations Security of Iranian oil to market,
Council. The unprecedented move was a culmination driving global oil prices
of months of public derision directed toward the U.S. down. The head of global
for its halfhearted approach to intervention in Syria, its commodity and asset
tacit support of the Muslim Brotherhood in Egypt and, allocation research at
most recently, its overtures to Iran. High-level U.S. talks Bank of America Merrill
with the Islamic Republic, Saudi Arabia’s bitter regional Lynch placed the drop in
rival, were the last straw. Last Tuesday, the head of prices at a stunning 10
Saudi intelligence services told European diplomats to percent.
anticipate a “major shift” away from the United States
over disagreements on Syria and Iran policy. Recent A severely cash-strapped
Saudi rhetoric has been so severe that in it Israeli Justice
Minister Tzipi Livni heard echoes of her own country’s Iran is very eager to
politics: “When you hear the Saudis talk about what
needs to be done to prevent [a nuclear] Iran, it sounds bring foreign investment Saudi Arabia's Shaybah oilfield complex lies deep in the Rub' al-Khali desert (Ali Jarekji/Reuters)
familiar,” Livni said. into the country of
Although SaudiArabia’s vehement anti-Iranian sentiment almost 80 million. On
is often framed in terms of regional or religious rivalry, Sunday, Iranian Oil Minister Bijan Zanganeh predicted under a shroud of secrecy—our sister site, Quartz, tallied
talk of loosening the punishing international sanctions that sanctions relief could bring with it $54.4 billion in at least $540 million in revenue for American companies
regime on Iran also prompts anxiety in Saudi Arabia for oil exports, of which $14 billion is already earmarked doing business in Iran in 2012—and could enter fully if
economic reasons. Ahead of largely positive negotiations to fill gaping budgetary holes. American oil companies sanctions were lifted.
between Iran and six world powers in Geneva two weeks
ago, a senior U.S. administration official told Reuters that are already planning on it: top executives met with
Washington is willing to offer “targeted, proportional” Zanganeh for “exploratory talks” on the sidelines of the Certainly, regional politics are a worry for Saudi
sanctions relief in exchange for Iranian steps to curb its UNGA earlier this month. Given the chance, European Arabia when it comes to Iran, but a direct threat to
nuclear program. An Iran unencumbered by the sanctions firms Total and Shell are also poised to reenter the the Kingdom’s pocketbook is far more moving. For a
that have weighed on it for decades could put a serious country where petroleum exports account for roughly
dent in the Kingdom’s economic platform: oil exports. Iranian oil market.
90 percent of revenue, the prospect of a rival’s profit at
Oil is not the only Western business waiting for sanctions great economic cost to Saudi Arabia demands action.
to fall in order to profit from a broad Iranian market. Saudi Arabia’s recent polemic is largely a reaction to this
Less than a year after French automobile company threat and will not be mollified as long as Iran’s return to
Renault was forced out of Iran by U.S.-led sanctions, the international system is a possibility.
In touch with Iranian diversity
Lawyers ICBC ﻭﻛﻼ
Claims ٦٠٤- ٩٨٢- ٤٠٥١
604 - 982 - 4051 ٦٠٤- ٩٨٠ -٨٥٧١
604 - 980 - 8571
ﺑﺮﺍی ﻣﺸﺎﻭﺭﻩ ﺣﻘﻮﻗﻰ ﻟﻄﻔﺎ ﺑﺎ Vol. 21 / No. 1263 - Friday, Nov. 1, 2013
ﺁﻗﺎی ﻛﺎﻣﻴﻞ ﻟﻄﻔﻌﻠﻰ 274 East Esplanade 42
North Vancouver
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778-558-7080
Kamil Lotfali, lawyer
siamaka@telus.net
ﺳﺎﻝ ﺗﺠﺮﺑﻪ ﺣﻘﻮﻗﻰ٣٠ ﻣﺆﺳﺴﻪﺣﻘﻮﻗﻰ "ﻧﻮﺭﺕﺷﻮﺭﻻ " ﺑﺎﺑﻴﺶﺍﺯ-
ﺩﺳﺘﻤﺰﺩیﺩﺭﻳﺎﻓﺖﻧﺨﻮﺍﻫﻴﻢﻛﺮﺩ، ﺩﺭﻳﺎﻓﺖﻧﻨﻤﺎﺋﻴﻢICBC ﺗﺎﺧﺴﺎﺭﺕﺷﻤﺎﺭﺍ ﺍﺯ- www.simsitydesign.com
ICBC ﺩﺭﻳﺎﻓﺖ ﻫﺮﮔﻮﻧﻪ ﺧﺴﺎﺭﺕ ﺟﺎﻧﻰ ﻭ ﻣﺎﻟﻰ ﺍﺯ-
NORTH SHORE LAW LLP
6th Floor, 171 West Esplanade, North Vancouver, B.C.
klotfali@northshorelaw.com
Want Friendlier U.S.-Iran Relations
General Motors has been engaging in intensifying talks
with Iran Khodro, the leading Iranian auto manufacturer,
according to a report in Le Figaro. Other American
companies have already been doing business in Iran
Lessened sanctions might cause oil prices to fall, and the Kingdom’s
revenues along with them.
KAVEH WADDELL Fitch, the international 1392 نابآ10 جمعه- 1263 شماره/ سال مکیو تسیب
credit rating agency,
The Atlantic-- estimated that relaxed
Saudi Arabia dealt a high-profile snub to the international sanctions could soon
community and the United States on Friday when it turned bring 800,000 barrels
down a rotating seat on the United Nations Security of Iranian oil to market,
Council. The unprecedented move was a culmination driving global oil prices
of months of public derision directed toward the U.S. down. The head of global
for its halfhearted approach to intervention in Syria, its commodity and asset
tacit support of the Muslim Brotherhood in Egypt and, allocation research at
most recently, its overtures to Iran. High-level U.S. talks Bank of America Merrill
with the Islamic Republic, Saudi Arabia’s bitter regional Lynch placed the drop in
rival, were the last straw. Last Tuesday, the head of prices at a stunning 10
Saudi intelligence services told European diplomats to percent.
anticipate a “major shift” away from the United States
over disagreements on Syria and Iran policy. Recent A severely cash-strapped
Saudi rhetoric has been so severe that in it Israeli Justice
Minister Tzipi Livni heard echoes of her own country’s Iran is very eager to
politics: “When you hear the Saudis talk about what
needs to be done to prevent [a nuclear] Iran, it sounds bring foreign investment Saudi Arabia's Shaybah oilfield complex lies deep in the Rub' al-Khali desert (Ali Jarekji/Reuters)
familiar,” Livni said. into the country of
Although SaudiArabia’s vehement anti-Iranian sentiment almost 80 million. On
is often framed in terms of regional or religious rivalry, Sunday, Iranian Oil Minister Bijan Zanganeh predicted under a shroud of secrecy—our sister site, Quartz, tallied
talk of loosening the punishing international sanctions that sanctions relief could bring with it $54.4 billion in at least $540 million in revenue for American companies
regime on Iran also prompts anxiety in Saudi Arabia for oil exports, of which $14 billion is already earmarked doing business in Iran in 2012—and could enter fully if
economic reasons. Ahead of largely positive negotiations to fill gaping budgetary holes. American oil companies sanctions were lifted.
between Iran and six world powers in Geneva two weeks
ago, a senior U.S. administration official told Reuters that are already planning on it: top executives met with
Washington is willing to offer “targeted, proportional” Zanganeh for “exploratory talks” on the sidelines of the Certainly, regional politics are a worry for Saudi
sanctions relief in exchange for Iranian steps to curb its UNGA earlier this month. Given the chance, European Arabia when it comes to Iran, but a direct threat to
nuclear program. An Iran unencumbered by the sanctions firms Total and Shell are also poised to reenter the the Kingdom’s pocketbook is far more moving. For a
that have weighed on it for decades could put a serious country where petroleum exports account for roughly
dent in the Kingdom’s economic platform: oil exports. Iranian oil market.
90 percent of revenue, the prospect of a rival’s profit at
Oil is not the only Western business waiting for sanctions great economic cost to Saudi Arabia demands action.
to fall in order to profit from a broad Iranian market. Saudi Arabia’s recent polemic is largely a reaction to this
Less than a year after French automobile company threat and will not be mollified as long as Iran’s return to
Renault was forced out of Iran by U.S.-led sanctions, the international system is a possibility.
In touch with Iranian diversity
Lawyers ICBC ﻭﻛﻼ
Claims ٦٠٤- ٩٨٢- ٤٠٥١
604 - 982 - 4051 ٦٠٤- ٩٨٠ -٨٥٧١
604 - 980 - 8571
ﺑﺮﺍی ﻣﺸﺎﻭﺭﻩ ﺣﻘﻮﻗﻰ ﻟﻄﻔﺎ ﺑﺎ Vol. 21 / No. 1263 - Friday, Nov. 1, 2013
ﺁﻗﺎی ﻛﺎﻣﻴﻞ ﻟﻄﻔﻌﻠﻰ 274 East Esplanade 42
North Vancouver
. ﺗﻤﺎﺱ ﺑﮕﻴﺮﻳﺪ،ﻭﻛﻴﻞ ﻓﺎﺭﺳﻰ ﺯﺑﺎﻥ
778-558-7080
Kamil Lotfali, lawyer
siamaka@telus.net
ﺳﺎﻝ ﺗﺠﺮﺑﻪ ﺣﻘﻮﻗﻰ٣٠ ﻣﺆﺳﺴﻪﺣﻘﻮﻗﻰ "ﻧﻮﺭﺕﺷﻮﺭﻻ " ﺑﺎﺑﻴﺶﺍﺯ-
ﺩﺳﺘﻤﺰﺩیﺩﺭﻳﺎﻓﺖﻧﺨﻮﺍﻫﻴﻢﻛﺮﺩ، ﺩﺭﻳﺎﻓﺖﻧﻨﻤﺎﺋﻴﻢICBC ﺗﺎﺧﺴﺎﺭﺕﺷﻤﺎﺭﺍ ﺍﺯ- www.simsitydesign.com
ICBC ﺩﺭﻳﺎﻓﺖ ﻫﺮﮔﻮﻧﻪ ﺧﺴﺎﺭﺕ ﺟﺎﻧﻰ ﻭ ﻣﺎﻟﻰ ﺍﺯ-
NORTH SHORE LAW LLP
6th Floor, 171 West Esplanade, North Vancouver, B.C.
klotfali@northshorelaw.com
