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Tuesday, September 21, 2010

If Israel doesn't enforce sanctions against Iran, who will?

Yossi Melman takes the Israel Electric Corporation to task for trying to give a substantial contract to a Danish corporation that does a large amount of business with Iran.
Haldor Topsoe is an international Danish corporation with extensive business ties in Iran. It is busy setting up two large methanol refineries for the enormous Fars gas field in Iran. Thus the company is watched by the U.S. administration as it compiles a list of American and international corporations developing the Iranian economy, and particularly its gas and oil industries, which is the main source of Tehran's revenue. Obviously, the Danish corporation is not alone in this. There are hundreds of other companies from dozens of countries that trade with Iran in a variety of areas. Nonetheless, this does not lessen the seriousness of the matter.

So it is disturbing that the Israel Electric Corporation is going to great lengths to grant Haldor Topsoe (described as a subcontractor for a German firm ) a NIS 500 million contract to build air purifiers for the power plants in Ashkelon and Hadera. Haldor Topsoe is a finalist in the IEC tender; the other is the Japanese firm Hitachi.

While the bid from the Danish company is substantially lower than Hitachi's, is financial consideration the only criterion for Israel's decision? What about the political and ethical considerations?
Read the whole thing.

If we don't enforce sanctions against Iran, who will?

2 Comments:

At 8:18 PM, Blogger NormanF said...

"The Jews are in it only for the money."

Only in Israel would a state owned company play up to the most damaging stereotype about the Jews.

Ethics and enforcing sanctions against Iran be damned!

What could go wrong indeed

 
At 10:39 PM, Blogger oded ben-yosef said...

I wish we would all learn the facts before damaging our friends . Haldor Topsoe is working in Israel for decades , selling equipment to Israel and never surrounded to the Arab boycott . In addition , they are buying million of dollars worth of Israeli goods . Last but not least - they fully comply with the European and UN sanctions on Iran . Mr. Melman is cleverly turning the reality . It is a lough that Hitachi , who is selling hundreds of million of dollars to Iran and boycotted Israel for many years are now targeting a true friend of Israel .

 

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