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DIJKKIJK
Topic Author
Posts: 1882
Joined: Sun Jul 27, 2003 11:03 pm

Halliburton In Iran Despite Sanctions?

Fri Mar 11, 2005 2:55 am

http://msnbc.msn.com/id/7119752


How the heck can they do business there when there are US sanctions in place against Iran?

sad crap! One rule for the world and another for us when it comes to business, eh?

[Edited 2005-03-10 18:56:12]
Never argue with idiots. They will bring you down to their level, and beat you with experience.
 
ANCFlyer
Posts: 21391
Joined: Mon Nov 15, 2004 3:51 pm

RE: Halliburton In Iran Despite Sanctions?

Fri Mar 11, 2005 2:58 am

Subsidiary Company . . . it was on the news couple days ago. The law only prevents US companies from doing business not foreign companies - even foreign subsidiaries . . . it's bullshit, it's a loophole, but it could have been any company . . .

Wonder how long til this is Bush' fault.
FOR THOSE THAT FOUGHT FOR IT, FREEDOM HAS A FLAVOR THE PROTECTED WILL NEVER KNOW OR UNDERSTAND
 
N5176Y
Posts: 309
Joined: Tue Mar 01, 2005 10:39 am

RE: Halliburton In Iran Despite Sanctions?

Fri Mar 11, 2005 3:02 am

GE operates in Iran also.
 
DIJKKIJK
Topic Author
Posts: 1882
Joined: Sun Jul 27, 2003 11:03 pm

RE: Halliburton In Iran Despite Sanctions?

Fri Mar 11, 2005 3:07 am

Halliburton decided that business with Iran, then conducted through at least five companies, would all be done through a subsidiary incorporated in the Cayman Islands.

Usual shady-businessman tactics! All you need to do is to find a tax haven which asks no questions, and off you go.
Never argue with idiots. They will bring you down to their level, and beat you with experience.
 
airplay
Posts: 3369
Joined: Sat Oct 25, 2003 1:58 am

RE: Halliburton In Iran Despite Sanctions?

Fri Mar 11, 2005 3:55 am

Haliburton is to shady business deals, what stink is to a monkey.
 
simo82
Posts: 179
Joined: Tue Feb 01, 2005 7:31 pm

RE: Halliburton In Iran Despite Sanctions?

Fri Mar 11, 2005 4:19 am

I just came back from Iran and I can tell that I saw a lot of American brands, and also met a lot of Americans that were there for business.

When it comes to business everything can happen...and there's a lot of business in Iran!

CIAO
Simo
 
iakobos
Posts: 3255
Joined: Wed Aug 06, 2003 6:22 pm

RE: Halliburton In Iran Despite Sanctions?

Fri Mar 11, 2005 4:24 am

Halliburton (Cayman) is established on Kish Island (Qeshm Isl.) free trade zone since at least end 2003. Old news !
Also active there are Total-Elf-Fina, AGIP, and almost a dozen others.
 
simo82
Posts: 179
Joined: Tue Feb 01, 2005 7:31 pm

RE: Halliburton In Iran Despite Sanctions?

Fri Mar 11, 2005 4:33 am



Quoting Iakobos (Reply 6):
Also active there are Total-Elf-Fina, AGIP, and almost a dozen others.

Those are European...there are no restrcitions from them...

CIAO
Simo

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