UANI Statement on New Iran Sanctions Now in Effect

Wed Feb 6, 2013 5:35pm EST

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NEW YORK--(Business Wire)--
United Against Nuclear Iran (UANI) CEO, Ambassador Mark D. Wallace, issued the
following statement today regarding new U.S. sanctions that are going into
effect today, six months after their passage: 

The sanctions going into effect today make it increasingly more difficult for
Iran to do business with the rest of the world. We support these sanctions,
applaud U.S. lawmakers for passing them, and urge the Obama administration to
vigilantly enforce them. The international effort to economically isolate Iran
will be aided by nations like China, Russia, India, and South Korea buying less
Iranian crude. Ultimately, the U.S. and EU should take action to completely
curtail the sale of Iran`s oil. 

As of today, U.S. law also states that any entity that files publicly with the
SEC must disclose whether it or its affiliates are engaged in sanctionable Iran
business. This is a step forward in forcing companies to disclose their Iran
ties, and we applaud it. We call on U.S. lawmakers to go much further, and
require entities investing in the U.S. to disclose and end any and all business
in Iran. 

At this point, the best option for forcing the regime`s hand remains a full
economic blockade of Iran, with only a humanitarian exception. An incremental
approach to sanctions is not enough to address the danger of the regime's
continued pursuit of nuclear weapons. 

The U.S. must take decisive action, and bar any business, firm, or entity that
does work in Iran from receiving U.S. government contracts, accessing U.S.
markets, entering into commercial partnerships with U.S. entities, or otherwise
doing business in the U.S. or with U.S. entities. 

UANI has long called for a full economic blockade on Iran, to force companies to
choose between doing business in Iran, or doing business in the U.S. In May 2012
testimony to the U.S. House Foreign Affairs Committee, Ambassador Wallace stated
that: "The time for half-measures and exceptions is over. We must commit
ourselves to imposing a complete economic blockade." 

Click here to view UANI model legislation: The Economic Blockade of Iran Act.
Click here to learn more about UANI model legislation.

United Against Nuclear Iran
Nathan Carleton, 212-554-3296
press@uani.com



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