Obama's BFF Turkey snubs US move on gas-for-gold Iran trade.

Obama's BFF Turkey snubs US move on gas-for-gold Iran trade.(HD).

Any fresh U.S. move to cut the gold trade with Iran would not bother Turkey, as Turkey is not an EU member and is only affected by multinational agreements, Economy Minister Zafer Çağlayan has said, downplaying U.S. efforts to isolate the Islamic Republic. 

His statement came after reports that the U.S. Senate was working on a new package of Iran sanctions concerning goods including gold, which may become effective next month. The sanctions would end “Turkey’s game of gold for natural gas,” Reuters quoted a senior Senate aide as saying yesterday. Early next month, the U.S. is expected to revise an exemption scheme for its energy embargo on Iran, in which Turkey was included for six months in June. “The U.S. sanctions stand for the U.S.,” Çağlayan said at a Confederation of Businessmen and Industrialists of Turkey (TUSKON) meeting held in Istanbul. “We have multilateral international agreements. These deals, which we are a party to, are binding for us. The statements by the EU are not binding since we are not a member [to the bloc],” Çağlayan said.
Hmmmm.....We are Obama's BFF......Obama.....Erdogan......Ahmadinejad.....Antisemitism.Read the full story here.

Total exports of Gold