-mikkie2- wrote:"They can work for stability, prosperity and development of their region. Who needs Turco-Phobic, Islamo-Phobic, meally-mouthed, poor and greedy EU in age of globalisation."
Its the West that in large part keeps Turkey going, both financially and militarily. If Turkey starts to look east then the balance of power in the region will need to change to accomodate - do not underestimate how quickly events can change. Its mainly western finance that invests in Turkey. The first thing that will happen if Turkish EU negotiations stall indefinitely is that huge amounts of foreign investment will be pulled from Turkey. Coupled with the world economic crisis that would be disastrous for the Turkish economy. Much is riding on Decmeber me thinks.
If western investors still have interests in Iran and it dramatically increases every year; we can expect a far better situation on Turkey- West trade relations if Turkey keeps looking at West and East simultaneously but on the other hand leads the establishment of an Asian Union.
Iran: EU trade increases despite sanctions
Tehran, 13 April (AKI) - Trade between Iran and the European Union rose by 10 percent last year, despite ongoing economic sanctions, an Iranian foreign ministry official said on Monday. Houshang Karimi, the ministry's director-general in charge of Europe, told a university students in Shahrekord, in the Chaharmahal and Bakhtiari province in the country's southwest.
According to Iran's state news agency IRNA, Karimi said the volume of trade between Iran and the 27 countries that make up the EU, reached 26 billion euros in 2008, despite sanctions imposed on Iran in opposition to its nuclear programme.
Karimi also told the students that Iran's goal was to expand its ties with all the countries of the world except the "Zionist regime", a common reference to Israel.
He reiterated that Iran had proved to the world that it followed an independent foreign policy.
The EU is Iran's largest trading partner accounting for almost a third of its exports, however, the contentious issue of Iran's alleged nuclear programme has strained relations.
"Trade with Iran is subject to certain restrictions derived from the sanctions imposed by the United Nations Security Council on Iran through UN security council resolution 1737 of 23 of December 2006 and 1747 of 24 of March 2007," the European Commission said on its website.
The commission is the executive branch of the European Union.
"Trade restrictions with Iran are regulated by council regulations 423/2007 and 618/2007, which set out a list of products prohibited from export to Iran."
Negotiations for a trade agreement between the EU and Iran initiated in 2002 have been on hold since August 2005, when Iran resumed its nuclear activities, the commission said.
The United States, the EU and other western powers suspect Iran may be using its nuclear development programme to covertly build atomic weapons.
However, Iran has consistently claimed its uranium enrichment programme is entirely peaceful and aimed solely at civilian nuclear power, in line with the Nuclear Non-Proliferation Treaty.
The international treaty is aimed at stopping the spread of nuclear weapons.
http://www.adnkronos.com/AKI/English/Bu ... 3211709262