Identifier
Created
Classification
Origin
08ROME1417
2008-11-20 16:32:00
CONFIDENTIAL
Embassy Rome
Cable title:
ITALY WILL NOT FOLLOW USG IN DESIGNATING IRANIAN
how-toVZCZCXYZ0000 PP RUEHWEB DE RUEHRO #1417 3251632 ZNY CCCCC ZZH P 201632Z NOV 08 FM AMEMBASSY ROME TO RUEHC/SECSTATE WASHDC PRIORITY 1202 INFO RUEATRS/DEPT OF TREASURY WASHDC PRIORITY
C O N F I D E N T I A L ROME 001417
SIPDIS
ISN/CPI: MCGEEHAN
ISN
T
NEA/IR
E.O. 12958: DECL: 11/19/2018
TAGS: KNNP MNUC IR GM PREL PARM EFIN
SUBJECT: ITALY WILL NOT FOLLOW USG IN DESIGNATING IRANIAN
EXPORT BANK
REF: STATE 114408
Classified By: Deputy Chief of Mission Elizabeth Dibble
for reasons 1.4 (b) and (d).
C O N F I D E N T I A L ROME 001417
SIPDIS
ISN/CPI: MCGEEHAN
ISN
T
NEA/IR
E.O. 12958: DECL: 11/19/2018
TAGS: KNNP MNUC IR GM PREL PARM EFIN
SUBJECT: ITALY WILL NOT FOLLOW USG IN DESIGNATING IRANIAN
EXPORT BANK
REF: STATE 114408
Classified By: Deputy Chief of Mission Elizabeth Dibble
for reasons 1.4 (b) and (d).
1. (C) On 29 October, Econoff delivered reftel demarche to
Romana Piscitelli, of the Italian Treasury's Financial
Sanctions Unit, concerning the U.S. designation of the Export
Development Bank of Iran and three other entities under E.O.
13382. Piscitelli said Italy follows only UN and EU rules -
not those of the US - and Italy would not be willing to
designate the Export Development Bank of Iran or related
entities. Piscitelli allowed, however, that the GOI could
pay extra attention to these institutions in ways that fall
short of freezing assets. Econoff also delivered the
demarche to Gianluca Alberini, Counselor for Nonproliferation
Finance at the Italian MFA, who noted the quarrel between the
EU and US over what the former deems "unilateral sanctions,"
was longstanding. Alberini said all decisions to freeze
assets must made at the EU, vice national, level.
SPOGLI
SIPDIS
ISN/CPI: MCGEEHAN
ISN
T
NEA/IR
E.O. 12958: DECL: 11/19/2018
TAGS: KNNP MNUC IR GM PREL PARM EFIN
SUBJECT: ITALY WILL NOT FOLLOW USG IN DESIGNATING IRANIAN
EXPORT BANK
REF: STATE 114408
Classified By: Deputy Chief of Mission Elizabeth Dibble
for reasons 1.4 (b) and (d).
1. (C) On 29 October, Econoff delivered reftel demarche to
Romana Piscitelli, of the Italian Treasury's Financial
Sanctions Unit, concerning the U.S. designation of the Export
Development Bank of Iran and three other entities under E.O.
13382. Piscitelli said Italy follows only UN and EU rules -
not those of the US - and Italy would not be willing to
designate the Export Development Bank of Iran or related
entities. Piscitelli allowed, however, that the GOI could
pay extra attention to these institutions in ways that fall
short of freezing assets. Econoff also delivered the
demarche to Gianluca Alberini, Counselor for Nonproliferation
Finance at the Italian MFA, who noted the quarrel between the
EU and US over what the former deems "unilateral sanctions,"
was longstanding. Alberini said all decisions to freeze
assets must made at the EU, vice national, level.
SPOGLI