Posted by Joerg Wolf in
International Economics, US Foreign Policy on Thursday, January 24. 2008
"With American goods already flooding Damascus, analysts say lifting restrictions will help counter Iran's influence," writes the Christian Science Monitor:
Provided that goods are not manufactured in the US or produced with more than 10 percent of American content, both increasingly the case with the globalization of production, American companies are not restricted from selling goods in Syria although the goods are not then classified as American. "Typically you have Ford cars inside the market. When they opened the showroom you had people from the US embassy attending. Ford cars are manufactured in Germany, not the US, so they are not banned from being exported here," says Syrian economist Jihad Yazigi.
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