Fury in Germany as US Firm Hijacks Multi-Billion Dollar Deal With Iraq - Report

[Godric1970]

America also undermined contracts with EU companies with overseas bids to help US companies win contracts VIA the NSA .... we have Edward Snowden to thank for this .... Trump and America are showing that they are bullies and they are undermining competition .... America is no friend or Ally of Europe and only now Germany and the EU are starting to realise this ... and if America is undermining the EU what is the point of NATO membership.


https://sputniknews.com/business/201810211069077251-germany-us-iraq-power-contract/

German-based giant Siemens had spent considerable time courting the Iraqi government in order to land the $15-billion-worth contract for building power infrastructure in the war-torn country. It had been considered an odds-on favorite until Washington reportedly intervened and compelled Baghdad to choose US- based General Electric.

Head of the Federation of German Industries (BDI) Joachim Lang has lashed out at the US for its interference in business competition for projects in Iraq, using leverage to promote the interests of American big business.

“To implement the America First doctrine in this way in the global competition of multinational companies is not acceptable,” he told the German outlet Welt.

According to him, sovereign states and companies must have the freedom to negotiate the best economic solutions, in line with the principle of fair competition. The Federation demanded a “level playing field” for competitors worldwide.

However, Lang admitted that nobody had the ability to forbid any country from politically flanking its business projects. At the same time, he pointed out that no single company can be granted preferences in a situation where rules which are considered valid for other businesses are not applied to one particular actor.

On October 15, Iraq signed a memorandum of understanding with Boston-based General Electric for building power infrastructure in the war-torn country, although Siemens had been considered the front- runner. In late September, the CEO of the German conglomerate, Joe Kaeser, traveled to Baghdad accompanied by State Secretary at Germany’s Ministry for Economic Affairs and Energy Thomas Bareiss to meet Prime Minister Haider Al-Abadi. Kaeser and the head of the Iraqi government discussed a 4-year plan to install power plants with a generating capacity of 11 GW. The German outlet Handelsblatt reported the deal to be worth $15 billion.

etc etc

 

[Fledermaus]

America also undermined contracts with EU companies with overseas bids to help US companies win contracts VIA the NSA .... we have Edward Snowden to thank for this .... Trump and America are showing that they are bullies and they are undermining competition .... America is no friend or Ally of Europe and only now Germany and the EU are starting to realise this ... and if America is undermining the EU what is the point of NATO membership.


https://sputniknews.com/business/201810211069077251-germany-us-iraq-power-contract/

SPUTNIK = Propaganda arm of the Russian government....

And "undermining competition"?

Really?

This IS competition.

And business =/= defense.

 

[Chagos]

SPUTNIK = Propaganda arm of the Russian government....

And "undermining competition"?

Really?

This IS competition.

And business =/= defense.

To wit: Nothing has been hijacked by anyone, Siemens and Iraq today signed a letter of intent on the deal. Similar to the one that GE signed some days ago and this does not equate to the contract as yet having been given to either.

There's a strong likelihood of both Siemens and GE getting to share the cake.

As to the asinine claim of fury reigning in Germany, apart from shareholders and, of course, Siemens employees, nobody in Germany could give a flying fig.

NATO membership being under question is the most asinine claim of the day.

Yet another troll fail.

 

[MSgt]

America also undermined contracts with EU companies with overseas bids to help US companies win contracts VIA the NSA .... we have Edward Snowden to thank for this .... Trump and America are showing that they are bullies and they are undermining competition .... America is no friend or Ally of Europe and only now Germany and the EU are starting to realise this ... and if America is undermining the EU what is the point of NATO membership.

Well, the point of NATO has been historically established:

- The West's 12 under-equipped divisions faced 25 fully-armored Soviet divisions in Central Europe, but since the West was also under the umbrella of the U.S. atomic bomb, this mattered little to the West. The Soviet counter to the U.S. atomic bomb was to maintain this conventional force and rush Western Europe, thereby nullifying atomic use.

- Since military purpose was not the key, it came down to the idea of neutrality. With the Marshall Plan reviving Western Europe into a capitalist and democratic partner, NATO was a military tool to further pull those governments into the ideological crusade of "east vs. west." It strengthened political ties and influence over Europe through the common military institution. Senator Tom Connally (D) declared this quite explicitly when he stated that "the Atlantic Pact is but the logical extension of the principle of the Monroe Doctrine."

Currently, the U.S. is in an era where Trump has absolutely no idea what he is doing and one might want consider that the U.S. in a temporary time out until people who read books and care about "edubacation" matter again.

 

[HERA the Stars]

I don't need Sputnik to tell me this is true, take one multi billion dollar deal add America First sauce you have your hijacking.

 

[Chagos]

Nothing read, nothing understood.

No reason to NOT prattle on anyway.