Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-01-Speech-3-166-000"

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"en.20120201.14.3-166-000"2
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"Mr President, on Friday Tehran will probably adopt an emergency law that will stop oil supplies to the EU with immediate effect. As a result, all Member States who have agreed to a boycott of Iranian oil supplies will immediately have their supply shut off. This will be the case even though the EU has treaties that will remain in force until July. In the short term, however, the EU embargo will hit the civilian population. In the medium term, China will be the one to benefit as it will cover its energy deficits magnificently with the European quota that will be freed up. This would balance the losses from the EU embargo, so that there would ultimately be no further pressure on Tehran. In other words, the oil boycott would not achieve the desired effect and the EU would be placed at an even greater disadvantage in geostrategic terms. We ought to pay more heed to competent exiled Iranians who warn that boycott measures will affect the wrong people, because it will lead to solidarity within the country. For this reason, the EU should seek to exert a moderating effect, using all its resources to avoid an escalation. The aim would, of course, be for there to be absolutely no nuclear weapons in the Middle East. It also goes without saying that the security of Israel must in any case be ensured."@en1
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