Iran sanctions 15 American companies
Print Edition
IRAN sanctioned what it described as 15 American companies yesterday, alleging they support terrorism, repression and Israel’s occupation of land Palestinians want for a future state.
The wide-ranging list from an American real estate company to a major arms manufacturer appeared more symbolic than anything else as the firms weren’t immediately known to be doing business in the Islamic Republic.
A foreign ministry statement carried by the state-run IRNA news agency said the sanctions barred companies from any agreements with Iranian firms and that former and current directors would not be eligible for visas. It also said any of the company’s assets in Iran could be seized.
“The sanctioned companies have, directly and/or indirectly, been involved in the brutal atrocities committed by the Zionist regime in the occupied Palestinian territories, or they have supported the regime’s terrorist activities and Israel’s development of Zionist settlements on the Palestinian soil,” the IRNA report said.
Iran’s new sanctions come after the Trump administration in February sanctioned more than two dozen people and companies in retaliation for a recent ballistic missile test.
The companies named did not immediately respond to requests for comment. They included ITT Corp, missile-maker Raytheon Co and United Technologies Corp. Denver’s Re/Max Holdings Inc, a real estate company, also made the list.
Another firm on the list, truck maker Oshkosh, has worked closely with Israeli armored products maker Plasan, including on the Sand Cat armored vehicle that is used by several countries, including Israel. The Israeli defense ministry is reportedly seeking to buy some 200 tactical trucks from the Wisconsin-based company.
Kahr Arms and Magnum Research, two sanctioned firms which share the same parent company, advertise .44-caliber Magnum and .50-caliber “Desert Eagle” pistols — a product line previously made in Israel.
Meanwhile, a senior Iranian lawmaker said Iran would consider a bill branding the US military and the CIA as terrorist groups if the US designates Iran’s Revolutionary Guard a terrorist organization.
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