France wrecks P5+1 deal for Arab money

France wrecks P5+1 deal for Arab money


Fabius invoked “security concerns of Israel” and announced that his country was not going to sign a draft agreement. The French intervention appeared to catch participants by surprise.


by Finian Cunningham


France's Foreign Affairs Minister Laurent Fabius

The French deal-breaking intervention at the P5+1 negotiation with Iran may have been motivated by France wanting to ingratiate itself with the Persian Gulf monarchies for strategic economic reasons.

Negotiations to resolve the nuclear deadlock and lift economic sanctions on Iran appeared to be near a breakthrough agreement after three days of talks in the Swiss capital, Geneva, over the weekend.

The hasty arrival of US Secretary of State John Kerry as well as the foreign ministers of Britain, France and Germany raised expectations that a potential deal was in the offing. But it was the French diplomat, Laurent Fabius, who threw a spanner in the works at the last-minute.

Fabius invoked “security concerns of Israel” and announced that his country was not going to sign a draft agreement. The French intervention appeared to catch participants by surprise.

File photo showing closed-door talks between Iran and the five permanent members of the UN Security Council on November 9.

An unnamed Western diplomat told Reuters, “The Americans, the EU and the Iranians have been working intensively for months on this proposal and this is nothing more than an attempt by Fabius to insert himself into relevance late in the negotiations.”

However, contrary to Fabius’ words and speculation by some analysts, the French motive seem less about appeasing Israel and France’s formidable Jewish lobby, and more to do with pandering to the Persian Gulf Arab monarchies of Saudi Arabia, Qatar and the United Arab Emirates.

Israeli opposition to any deal with Iran over the 10-year nuclear dispute is, of course, obvious. On the eve of the latest talks, Israeli Prime Minister Benjamin Netanyahu was almost apoplectic in urging Western states to reject “a deal of the century for Iran.”

Equally as disconcerted about a possible accord were the Wahhabi monarchies led by Saudi Arabia, which view Shia Iran as an archenemy for influence in the Middle East. Only days before the latest round of P5+1 talks in Geneva, former Saudi intelligence chief Prince Turki al Faisal told the Washington Post in an interview that his country was opposed to lifting sanctions on Iran.

One of the most striking political developments in recent months is the alignment of Israel with the House of Saud and the other Persian Gulf Arab regimes in terms of foreign policy objectives and adversity towards Iran.

Another salient development has been the strategic economic cooperation between France and the Persian Gulf oil kingdoms. Major sectors of interest include energy, water and electrical infrastructure, construction and weapons sales.

The French government has been embarking on an aggressive bilateral investment drive with Saudi Arabia, Qatar and the UAE.

In April this year, Paris hosted a Saudi-French Business Opportunities Forum attended by 500 businessmen from both countries.

French ambassador to Saudi Arabia, Bertrand Besancenot, said, “Saudi Arabia is a strategic partner of France in the region and the bilateral relationship is of paramount importance in the economic field,” pointing out that bilateral trade has doubled over the last five years.

In July, French company Veolia won a $500 million contract to build and operate water desalination plants in Saudi Arabia. That contract is reckoned to be the biggest of its kind in the Middle East, and from the French point of view, it is a model for the future, given that water and electricity infrastructure right across the Persian Gulf oil kingdoms is a vital development need for decades to come.

France is also courting capital investment and commerce from Qatar and the UAE. At stake is the purchase of French Rafale fighter jets worth billions of dollars underlined by the fact that France is in sharp competition with arms exporters from the US, Britain and Germany.

Another lucrative sector that the French are eyeing in the Persian Gulf Arab countries is nuclear energy. French nuclear company Areva is vying with Western competitors to build and operate nuclear energy plants in the UAE, which is something of an irony given France’s apparent objections to Iranian plans for the same technology.

“France calls for increased investment from Qatar,” read a headline in the Financial Times on 24 June.

French President Francois Hollande (L) shakes hands with the Emir of Qatar, Sheikh Hamad bin Khalifa Al-Thani. (AFP/Getty Images)
The report said, “French President François Hollande used a weekend visit to Qatar to call for more investment from the gas-rich Gulf state to boost job creation in France.”

The FT added, “Mr Hollande told business leaders he hoped more Qatari money could be lured into France’s services and industrial sectors, with a reciprocal rise in French companies implementing the grand development ambitions of this fast-growing Gulf state.”

And the Qataris have obliged Hollande’s plea for funds. The two countries have set up a joint investment vehicle worth some $400 million to direct Qatari petrodollars towards French businesses. So far, Qatar’s total investment in France has reached an estimated $15 billion, with shares in flagship French companies, such as energy giant Total, construction firm Vinci, media business Legardere, water and electricity supplier Veolia, and even football team Paris Saint Germain.

Qatar’s ruling Al Thani dynasty has also been buying up luxury Paris real estates.

When France’s Hollande visited Qatar in June, he brazenly pitched his country as an alternative foreign investment destination to Britain and Germany.

France’s deteriorating economic situation and Hollande’s slump in the polls – he is the most unpopular French leader ever – can only but intensify the French dependence on Persian Gulf Arab money. This week, the international credit rating agency Standard and Poor’s downgraded France for the second time on the back of ballooning national debt, trade deficit and unemployment.

In this context it becomes clear why France’s Foreign Minister Laurent Fabius acted to scupper the P5+1 talks this weekend in Geneva. By wrecking a potential deal with Iran, Fabius was no doubt bidding to please Saudi Arabia and the other Persian Gulf Arab regimes with a view to securing billions-of-dollars-worth of urgently needed capital.

Mouthing disingenuous concerns, Fabius vandalized with a spanner in one hand and a begging bowl surreptitiously in the other.

Source : PRESS TV

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  1. Finian, I absolutely love reading all your stuff, but just this time thought I should tell you that Geneva is not the Swiss capital – it is actually Bern.

  2. It for "arab money" could be one of the reason, but wouldn't it be s'met'n, if a jew has been the head of the arabs, for generations?  You know, the Saudi family, being genetically tied with israel?  And now, the  reaping of the crops, happening with the Arab leaders helping israel along?  Being hand-in-glove in brotherhood?

  3. Mr Finian Cunningham is in the small percentage of people who doesn't try hard to please Israel or Zionist Jews during the delivery of information to his audience which is admirable.


    This task is not en easy one because the Jew is everywhere while hiding his identity.  El-Sissi the military leader of Egypt is Jewish and Shah of Iran was Jewish and even some of America's presidents have been Jewish notably Eisenhower.


    World cannot survive when there are so many Zionist Jews in high positions especially when we are least supicious and citizens everywhere remain vulnerable to this huge threat.


  4. "His parents were Jewish and converted to Catholicism; Fabius was raised an assimilated


    This is the reason why most nations have lost it all.  Jews have infiltrated the Catholic Church and all other branches of Christianity in addition to their infiltration into every aspect of our society only to cause degradation.  There are many Jews among those we call Christian pastors which explains why the Christian church has become war mongering and so corrupt.


    This is the issue that is the elephant in the room which we need to address for it's the Zionist octopus that is causing all death and destruction and is in the way of world peace. 


    As Rhys an astute person wrote the following on the comment section of another article:

    “All of the above comments have convinced me that the protectors and supporters of the Zionists, wherever they are, whoever they are, are equally responsible for all the crimes that Zionists engage in and therefore deserving of the same scorn.

    In this day and age, there is no excuse for anyone not to be informed of the activities that are so obviously accepted as normal. The media is not the mainstream press however but the pages like these.

    The need to expand on this requirement for people to be better informed on a grand scale should be the greatest priority for all people conscious of the long range plans of Israel to hold the world to ransom, supported by US Senators and Congress members who still masquerade under the illusion that they are patriotic Americans. Nothing could be further from the truth. The Zionists already own America.”

  5. All world leaders and other politicians and citizens who continue to support this morally corrupt tribe should bear the shame of what they are doing.


    "Tzipi Livni claims had sex with two Palestinian figures Erekat and Abed Rabbo and threatens them with video proof"


    "The chief Israeli negotiator and Justice Minister Tzipi Livni, said this week that she has had sex with the chief negotiator for the Palestinian Authority in the peace negotiations with Israel, Saeb Erekat and the Secretary of the Executive Committee of the Palestine Liberation Organisation(PLO) Yasser Abed Rabbo.


    "Lebanese newspaper Al Diyyar broke the story earlier this week that the Knesset Beauty had publicy stated that she and the chief Rabbi of Israel had decided that "It was ok for her to sleep and have sex with strangers, as long as it benefits Israel".


    • "…the Knesset Beauty…"

      This must be an written example of what they call artistic license. And I make George Clooney look downright ugly.