President Barack Obama spoke often in his first year in office about the need for the international community to tighten sanctions against Iran.
On Sept. 25, 2009, Obama, in a joint meeting with French President Nicolas Sarkozy and British Prime Minister Gordon Brown, announced that the three countries had presented evidence to the International Atomic Energy Agency that Iran has been building a secret uranium enrichment facility that would give it the ability to build a nuclear weapon.
Both Sarkozy and Brown said if serious change was not undertaken by Iranian leaders, they were prepared to implement further and more stringent sanctions.
But none of the three leaders spoke specifically about credit guarantees to Iran. And we couldn't find any public statements from Obama in which he talked in that level of detail about proposed sanctions.
For example, in his Nobel Prize acceptance speech on Dec. 10, Obama spoke in more general terms.
"But it is also incumbent upon all of us to insist that nations like Iran and North Korea do not game the system," Obama said that day in Norway. "Those who claim to respect international law cannot avert their eyes when those laws are flouted. Those who care for their own security cannot ignore the danger of an arms race in the Middle East or East Asia. Those who seek peace cannot stand idly by as nations arm themselves for nuclear war."
But that doesn't mean the Obama administration hasn't pushed European leaders in private.
In late January 2009, the German newspaper
Handelsblatt
reported that German Chancellor Angela Merkel instructed the economy minister to crack down on federal export credit guarantees to German firms seeking to do business with Iran, according to a Reuters story. The German paper reported that the move was made in reaction to pressure from the United States and Israel. Nonetheless, Germany continues to be one of Iran's strongest trading partners, and exports to Iran have risen.
President Obama has not made this promise a public priority, but Merkel's move suggests that conversations are occurring behind the scenes. And so we'll move this one to In the Works.
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Germany cracks down some on federal export credit guarantees to firms doing business with Iran
Our Sources
White House Web site, Remarks by President Obama and President Medvedev of Russia after Bilateral Meeting , Sept. 23, 2009
White House Web site, Remarks by the President at the Acceptance of the Nobel Peace Prize , Dec. 10, 2009
New York Times, "German Jews oppose trip to Iran," by Judy Dempsey, Dec. 2, 2009
Reuters, "Germany Said To Crack Down On Iran Business," Jan. 26, 2009
New York Times, "Statements by Obama, Brown and Sarkozy," Sept. 25, 2009
Wall Street Journal, "West Raps Iran Nuclear Site," by Jonathan Weisman, Siobahn Gorman and Jay Solomon, Sept. 26, 2009
Heritage Foundation, "The German Elections: False Dawn for the Obama-Merkel Era," by Sally Mcnamara, Oct. 20, 2009
Brookings Institution, "Iran Sanctions: Who Really Wins," by Djavad Salehi-Isfahani, Sept. 30, 2009