PARIS (FMLiveWire) - The USA and France do big business with Iran which undercuts their calls for further UN sanctions against the Islamic country, according to research by FMLiveWire.
Germany thus opposes the calls by France and the USA for greater sanctions against Iran, since major French and American companies conduct such large amounts of business there.
France's Renault has a joint venture factory near Tehran, one outstanding example of French hypocrisy over sanctions against Iran.
Most French companies in the automobile, energy and financial sectors including Michelin, Peugeot, Renault, Total, BNP Paribas and Societé Générale continue to do giant business with Iran.
Meanwhile, German exports to Iran have dramatically declined due to pressure from the USA and France.
Most American firms bypass the US boycott against Iran by creating front companies in Dubai to carry out their trade.
"Sure, we are trying to push Germany out of Iran so France and the USA can hog their business," acknowledged French President Nicolas Sarkozy.
The US and France seek a 3rd UN Security Council sanctions resolution against Iran even though the UN has found that Iran is only developing nuclear energy for peaceful purposes.
Independent research has also found that the US firm George Bush Enterprises Inc. actively buys oil and pistachios from Iran too.
--Copyright Felix Minderbinder Live Wire