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Source: http://www.spiegel.de/international/world/0,1518,507443,00.html
Berlin Says U.S. and France Guilty of Hypocrisy on Iran Sanctions
[Der Spiegel-Germany] German Foreign Minister Frank-Walter Steinmeier opposes French calls for EU sanctions against Iran, saying German Foreign Ministry data shows that leading French and American companies are conducting large amounts of business with Iran. According to the economics department of the German Foreign Ministry, French companies in the automobile, energy and financial sectors have hardly reduced the level of business they do with Iran, while German exports to Iran, in contrast, have dramatically declined. Moreover, the ministry accuses American firms of bypassing the boycott against Iran by creating front companies in Dubai to carry out their business. German politicians have long internally accused the U.S. of knowingly tolerating the practice.