UNSCR 1747/OECD: GERMAN RESPONSE ON EXPORT CREDIT

C O N F I D E N T I A L BERLIN 001255 SIPDIS STATE FOR EEB AND EUR/AGS SIPDIS E.O. 12958: DECL: 06/20/2017 TAGS: PREL EFIN ETRD EXIM OECD UN IR GM SUBJECT: UNSCR 1747/OECD: GERMAN RESPONSE ON EXPORT CREDIT GROUP RESISTING TIGHTER EXPORT CREDITS TO IRAN REF: STATE 81875 Classified By: Global Affairs Counselor Donald R. Shemanski, for reason s 1.4 (b) and (d). ¶1. (C) Global Affairs officer delivered ref demarche, which includes the U.S. answers to a USG Survey passed to the OECD concerning export credits for Iran, to Ursina Krumpholz, Officer Director of the German Ministry of Economics' Foreign Trade Law and Law of the Sea Division, and Ernst Roeder-Messell, Deputy Director, June 15. Krumpholz thanked us for the USG answers to the Survey on export credits for Iran. She said she will pass the USG answers to other appropriate German officials for study and consultation. Nevertheless, the German Government has doubts that the OECD is the appropriate forum for a discussion of restricting export credit guaranties for Iran, Krumpholz added. Roeder-Messell noted Germany fully complies with UNSCRs 1737 and 1747 by ensuring that no prohibited items, including financial services in support of prohibited items, are exported to listed Iranian entities. Therefore, he added, the German Government would deny export credit guarantees to any German firm that sought to invest in any listed Iranian entities or to invest in any Iranian programs, such as nuclear programs not under IAEA safeguards, that are in contravention of the UNSC sanctions. ¶2. (U) Post will report any additional German Government responses to the USG Survey septel. KOENIG