Tuesday, October 20, 2020
FEATURED ARTICLES Obama Administration Approves Sale of Aircraft to Iran

Obama Administration Approves Sale of Aircraft to Iran

Like the post? Why not make it Facebook official. ⇊

By Joshua Yasmeh

Weeks after Secretary of State John Kerry fell on his knees and begged Europe’s top banks to begin investing in Iran, the Obama administration is set to allow American aircraft sales to the Islamic Republic. In an apparent effort to kick start Iran’s ailing economy, the US Treasury Department is now approving requests from both US and European plane makers to begin selling planes and aircraft equipment. The sales are seen as the “highest-profile trade breakthroughs since nuclear sanctions were lifted on the Islamic Republic in January,” according to The Wall Street Journal.


General Michael Flynn defense fund Fellow patriots, please listen to this short, inspiring message from General Flynn. General Michael Flynn exemplifies patriotism, courage, and love of God and country - despite some of his own countrymen relentlessly attacking him. Donations for his defense are greatly appreciated. If you can only give $5.00, please do so - every little bit helps. Thank you so much, and God bless. Letter from General Flynn. 

Representatives from industry heavyweights Boeing and Airbus confirmed Wednesday that they would begin exporting jetliners to Iran to supplement the Iran Air fleet. Officials from both companies have made multiple trips to Tehran over the last couple of months in anticipation of a sales deal.

Airbus was the first company to have its sales license approved. The company plans on shipping 12 airplanes to Iran Air. Boeing was granted approval shortly after. The American plane maker hopes to sell 80 planes to Iran Air for a projected sum of $17.6 billion. Other companies are likely to follow suit now that Pandora’s box is open.

With the Treasury Department unblocking sanctions against plane sales to Iran, the once-isolated theocratic state is on its way to irreversibly integrating itself into the global economy.

Iran’s current fleet of aircraft ranks among the oldest in the world. After years of crushing sanctions, the country has been left with outdated equipment and poorly functioning planes.

While Iran Air is eager to modernize its fleet, clerical hard liners in Iran are not all that happy about increasingly normalized relations with the West.

You Might Like

Western plane makers may face some obstacles of their own as well. Republican lawmakers have already attempted to block Boeing from selling aircraft to Iran. Although the sales are likely to get pushed through anyway, the anti-Iran coalition of Congressional Republicans and Democrats which has opposed the Obama administration’s nuclear deal with Iran every step of the way can still complicate the logistics of successfully executing financial dealings with Iran.

“There is a still a long way to go and many more hurdles to overcome before Iran can actually take delivery of these planes—and thankfully Congress is committed to making the process as difficult and expensive as possible,” Illinois GOP Congressman Peter J. Roskam tells the Journal. In addition, the two parties involved in the sales can be forced to use foreign currency (likely euros) as opposed to American dollars.

SOURCE: The Daily Wire

Please Spread the Word and Share This Post

TCP News is proud to be ranked #24 in the Top 40 Conservative Political Blogs

Viewpoints expressed herein are of the article’s author(s), or of the person(s) or organization(s) quoted or linked therein, and do not necessarily represent those of True Conservative Pundit

Another way you can support us is to purchase my book

Subscribe to my daily newsletter, and join hundreds of daily readers and receive news and relevant commentary

Don't forget to follow TCP News on Facebook, Gab, SpreelyUSA Life, and Twitter

If you value what you see on True Conservative Pundit, please consider donating, any amount helps

donate to TCP News

Greg Holthttps://www.trueconservativepundit.com
About the author: Greg is a strong believer in Jesus Christ and is also a political analyst and author.  By day he is a self-employed non-emergency medical transport driver, as well as being an author and blogger.  His articles are first published on TCP News and Inspirational Christian Blogs, and from there the articles are widely published on many well-known conservative websites.  If you would like to republish his articles, please feel free to do so leaving all links intact and crediting the author and the website that the article appeared on.  Greg is the author of the newly released book: Spiritual Darkness is Destroying America and the Church.  Subscribe to my daily newsletter, and join hundreds of daily readers and receive news and relevant commentary. Follow TCP News on Facebook, USA LifeGab, SpreelyTwitter, and Pinterest


Please enter your comment!
Please enter your name here

Related news

Headline News 10/20/2020

Good morning, we aim to start your day off right with relevant headline news that’s happening around the world, not to mention our own timely...

Headline News 10/19/2020

Good morning, we aim to start your day off right with relevant headline news that’s happening around the world, not to mention our own timely...

Government Has no Constitutional Authority Over the Church!

By Don Boys, Ph.D. Local, and state governments are quick to protect the constitutional rights of liberal protesters – while very hesitant to protect a...

Where are the Servant Leaders? So-Called Leaders Like Maxine Waters are the Norm – NOT the Exception

By Lyle Rapacki True leadership comes from influencing, and that must be earned.  A misconception held by many is that leadership and managing are one...