Blog 8: Daimler cuts links with Iran over political situation.

On the annual shareholder meeting of Daimler CEO Dieter Zetsche told that Daimler will restrict his activities to the minimum and what is obligated dude the contractual obligations. The reason for this is the nuclear plans of the Iranian government. Although Dieter Zetsche emphases that these measures are not taken to the Iranian people it are those peopling who suffer the most under these measures. Diamler has a 30% stake in a Diesel manufacturing.

We can conclude that these measures are taken under political pressure. Recently Obama tried to get harder sanctions against Iran because they keep continue to work on their nuclear plans. Last month Lukoil, a Russian oil company, has abandoned his plans to invest in a new oil project in Iran. Also the European largest oil and gas company, Royal Dutch Shell, and Ingersoll, a US company, took equal measures.
According to my opinion it’s very good that people and governments wants to take action against a nuclear threat but on the other hand it is very difficult to take effective measures. Most of the taken measures will generally reflect on the citizens of the country but not on the government or the leaders of the country. The world leaders should better try to solve this problem by negotiating or measures who prevent the country of building a nuclear plant.

I think also that the world should give more power too International Atomic Energy Agency. That should get the opportunity to control every nuclear plant in the world. Countries should give free entry to the staff members of the agency. Countries who don't cooperate should immediately be obligated to cooperate. When the keep refusing there should be taken measures like interdicting the import of building materials for the nuclear plants.

Taken these measures has also a negative consequence to the companies who are investing in these countries. I agree that governments companies obligate to drop their investments in these countries. By investing in these countries you give them the opportunity to build weapons and use them against other countries. This is where capitalism and ethics come together. Company owners should give priority to ethics instead of profit.

Source: http://news.bbc.co.uk/2/hi/business/8619762.stm