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  • The Atlantic Council’s Sanctions-Busting Backers... Corporations that have evaded Iran sanctions

    02/12/2013 10:14:15 AM PST · by Nachum · 3 replies
    Free Beacon ^ | 2/13/13 | Alana Goodman
    Multiple foreign corporations that have bypassed or attempted to bypass United States and European Union sanctions against Iran are funding the Atlantic Council, a Washington-based think tank chaired by defense secretary nominee Chuck Hagel. One council sponsor, Italian oil company Eni, has vehemently defended its trade with Iran, saying it was “proud” of its cooperation with the regime. “Given the existence of foreign pressures, implementation of most projects in Iran is challenging and complicated,” Eni’s Executive Vice President Guido Michelotti told reporters during a 2011 visit to Iran. “Yet, we have always been interested in cooperation with the Iranian side...