Iran Imposes Sanctions On 15 U.S Firms
Iranian Foreign Minister Mohammad Javad Zarif[/caption]
Iran has imposed sanctions on Raytheon, a US defence industry company and 14 other companies for alleged human rights violations and cooperating with Israel, the state news agency IRNA reported on Sunday.
The agency quoted Iran’s foreign ministry as saying the companies had “flagrantly violated human rights” and cooperated with Israel against the Palestinians.
The sanctions according to IRNA would include seizure of their assets and a ban on contacts with them.
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In a statement, Foreign Minister Mohammad Javad Zarif listed arms manufacturer Daniel Defense, real-estate giants Re/Max, and children’s clothing company Oshkosh as some of the US firms affected by Iran’s tit-for-tat sanctions.
Other firms listed were Beni Tal; United Technologies; ITT Corporation; Magnum Research Inc; Kahr Arms; M7 Aerospace; Military Armamanet Corporation; Lewish Machine and Tool Company; Bushmaster Firearms International; O.F. Mossberg & Sons; and H-S Precision Inc.
The decision, which is largely symbolic because the firms do not do business with Iran, comes two days after the US announced sanctions on a number of foreign firms accused of collaborating with Iran’s armament program.
It was not immediately clear if any of the companies had any dealings with Iran or whether they would be affected in any way by Tehran’s action.
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The Iranian move came two days after the United States imposed sanctions on 30 foreign companies or individuals for transferring sensitive technology to Iran for its missile program, or for violating export controls on Iran, North Korea and Syria.
