UANI's unprecedented success in pressuring multinational corporations to cease business in Iran has alerted the business community of the serious financial and reputational risks of doing business with the Iranian regime. Owing to UANI's efforts, companies worldwide have been spurred to cut their business ties to Iran.
In response to UANI's Iran Oil Show Campaign, French manufacturer Nexans ended its business in Iran. UANI had questioned Nexans decision to participate in the May 2014 Iran Oil Show, and called on the firm to fully disclose the nature and extent of its Iran business activities. In discussions with UANI, Nexans said it was suspending its Iran business "until the political and legal situations come back to normal so as to avoid creating or raising any query, concern or stir from the community, our business partners or stakeholders."
In response to UANI's Trade Delegation Campaign: France, French aerospace and defense conglomerate Safran pledged to UANI that it would forgo business in Iran. According to reports, Safran participated in a three-day French trade mission to Tehran in early February to explore new business opportunities following the implementation of the Geneva interim agreement. UANI had called on Safran to clarify the purpose of its visit to Iran, and asked Safran to certify that it would not initiate any Iran business activities.
In response to UANI's campaign, on August 19, 2013, Sasol announced that it had sold its stake in the Arya Sasol Polymer Co., an Iranian petrochemical entity. Sasol first announced its plans to leave Iran in November 2011. However, after over a year of inaction UANI launched its campaign, which included an Op-Ed and public awareness campaign to highlight Sasol's Iran business, a billboard near Sasol's US headquarters, and an effort to deny Sasol potentially lucrative federal tax credits unless Sasol ceased its Iran business.
In response to UANI's Port Authority Campaign, shippers Evergreen (Taiwan), Yang Ming (Taiwan), and China Shipping Container Lines Co. (CSCL) announced in discussions with UANI that they had ended their Iran operations and port calls to Iran.
In response to UANI's AUTO Campaign, Swedish commercial vehicle and construction equipment manufacturer Volvo Group (AB Volvo) ended its business in Iran. Volvo subsidiaries Volvo Trucks and Renault Trucks had done extensive business in Iran, and UANI presented Volvo with photographic evidence of its trucks being used by the Iranian regime to transport missiles. The Volvo Group is a separate entity from the Volvo Car Corporation, which has also certified that it does not do business in Iran.
In response to UANI's AUTO Campaign and Luxury Goods Campaign, Maserati andLamborghini, respective luxury brands of Fiat and Audi, ended their business activities in Iran. Maserati had "ended discussions with a potential vehicle importer and distributor" in Iran, the Arta Group, and "threatened legal action" against the group to stop using its name.
In response to UANI's AUTO Campaign, Italian automaker Fiat announced its subsidiaries Iveco, an Italian truckmaker, and CNH, an American construction equipment manufacturer, would end their business in Iran. While Iveco trucks had been used to transport ballistic missiles and hang dissidents, Fiat received loans from the U.S. government to gain ownership of Chrysler. The Fiat campaign concluded in January 2013 when UANI announced that Fiat luxury auto brand Maserati had ended all Iran business.
In response to UANI's Shipping Certification Campaign, all thirteen firms of the global-leading International Association of Classification Societies (IACS) have stopped certifying Iranian vessels, including Bureau Veritas, Germanischer Lloyd, theRussian Maritime Register of Shipping, ClassNK, Korean Register of Shipping, and China Classification Society. IACS certification coverage enabled the Iranian regime to maintain its access to global maritime trade and circumvent multilateral sanctions.
In response to UANI's Shipping Campaign, the China Classification Society (CCS)withdrew its coverage of Iranian vessels. With this development, all members of theInternational Association of Classification Societies (IACS) have ended their Iran-related certification work, which is needed to secure maritime insurance and access to major ports.
In response to UANI's Shipping Campaign, Hong Kong took action to rescind reflagging coverage for 19 Islamic Republic of Iran Shipping Lines (IRISL) vessels. Without certification of these vessels from the Korean Register of Shipping (KR), which itself ceased Iran business in response to UANI, Hong Kong said it could no longer flag these vessels due to safety and quality concerns.
In response to UANI's Rial Currency Printing Campaign, German printing press company Koenig & Bauer (KBA) ended its currency printing business in Iran, stating that it has "discontinued to supply banknote printing presses as well as related goods and services to clients located in Iran, including to SPMO [Iran's Security Printing and Minting Organization] and the Central Bank of Iran."
Following UANI’s Tech & Telecom Campaign, French satellite provider Eutelsat and British telecom firm Arqiva terminated their contract with Islamic Republic of Iran Broadcasting (IRIB) to broadcast 19 television and radio stations. UANI had called on Eutelsat and Arqiva to cease all services to IRIB given its use as a propaganda tool to televise "show trials" as well as the interrogation and coerced statements of Iranians unjustly imprisoned and tortured by the regime.
Following UANI’s two and a half year long campaign, the world’s largest container shipping company Maersk announced it had stopped service to Iran due to the "the risk of damaging business opportunities elsewhere particularly the U.S." A recipient of $4 billion from the U.S. government in the past decade, Maersk was fined $3.1 million in 2010 for violating Iran sanctions and ceased servicing IRGC-controlled ports in 2011.
In response to UANI's AUTO Campaign, South Korean automaker Kia Motors declared it had discontinued its business in Iran and had no intention to conduct further business there. Kia exported vehicles to Iran and the SAIPA Group, which is controlled by the Iranian regime, had manufactured Kia vehicles.
In response to UANI's Shipping Certification Campaign, the Korean Register of Shipping (KR) decided to end its certification of Iranian vessels, specifically those of the sanctioned Islamic Republic of Iran Shipping Lines (IRISL) and National Iranian Tanker Company (NITC). KR had been the leading provider of certification services to the NITC.
Following discussions with UANI, Australian mining and energy services companyWorleyParsons announced that it has now discontinued all of its services in Iran and will refrain from any new ones after having been active in Iran's oil and natural gas sector. WorleyParsons signed UANI's Iran Business Declaration to formalize this commitment.
In response to UANI's Shipping Certification Campaign, the Russian Maritime Register of Shipping (RS) decided to suspend its activities in Iran, including all certification and related services to the Islamic Republic of Iran Shipping Lines ("IRISL") vessels as well as offshore platforms including drilling rigs.
In response to UANI's Shipping Certification Campaign, German shipping serviceGermanischer Lloyd decided to comply with international sanctions and cease its certification of Iranian shipping vessels, specifically those of the Islamic Republic of Iran Shipping Lines ("IRISL") and the National Iranian Tanker Company ("NITC").
Following discussions with UANI, Irish telecommunications firm AdaptiveMobileannounced to UANI that it ended all business in Iran and terminated its contracts with MTN Irancell. In 2008 AdaptiveMobile sold technology to Iran that filters, blocks and stores text messages. Text message monitoring was required by Iranian security forces.
In response to UANI's Shipping Certification Campaign, French shipping serviceBureau Veritas decided to comply with international sanctions and cease its certification of Iranian shipping vessels, specifically those of the Islamic Republic of Iran Shipping Lines ("IRISL") and the National Iranian Tanker Company ("NITC").
Following discussions with UANI, Standard Chartered Bank, the fifth largest bank of Britain, pledged that effective at the end of the first quarter of 2012 it had ended its presence in Iran. Standard Chartered had been present in Iran for decades, including retaining offices in Tehran and Kish Island until recently.
In response to UANI's campaign, Society for Worldwide Interbank Financial Telecommunication (SWIFT), which facilitates financial transfers worldwide,discontinued services to EU-sanctioned Iranian financial institutions, including the Central Bank of Iran. Without access to SWIFT-issued Business Identifier Codes, the Iranian regime is largely isolated from the global financial system.
In response to UANI's Tech & Telecom Campaign, Chinese telecom giant Huaweiannounced that it would stop seeking new business in Iran and limit existing business following discussions with UANI. Reports indicate that Huawei's telecommunications technology has been used by the Iranian regime to conduct surveillance on its citizens, track down dissidents, censor news and block service.
In response to UANI's campaign and following Huawei’s decision to pull back, Nokia Siemens Networks (NSN), a joint venture between Nokia of Finland and Siemens of Germany, announced it would not take on any new business in Iran and would gradually reduce its existing commitments. In the brutal crackdown that followed Iran’s disputed June 2009 presidential elections, NSN technology was used to suppress protesters by monitoring and blocking communications.
In response to UANI's Cranes Campaign, Swiss-German construction equipment manufacturer Liebherr pledged to end its business in Iran. Liebherr "informed former customers and business associates in Iran that the companies of the Liebherr Group will cease their business activities with them."
In response to UANI’s campaign, Huntsman Corporation ceased its business in Iran. UANI had earlier called on Huntsman to explain its sale to Iran of polyurethanes, a dual-use material widely used in defense-related materials, including solid-fuel technology for long-range missiles.
Following the launch of UANI's Iran Disclosure Project (IDP), Royal Dutch Shell, one of Iran's main energy partners, discontinued gasoline sales to Iran. The IDP is an initiative to identify publicly-traded companies that have failed to disclose to investors the legal and financial peril associated with their business dealings in Iran.
Eye on Iran is a news summary from United Against Nuclear Iran (UANI), a section 501(c)(3) organization. Eye on Iran is available to subscribers on a daily basis or weekly basis.
The Iran nuclear deal is done. And the world's biggest companies have already visited Tehran ready to strike a deal when sanctions end. These businesses will add even more to Iran's bottom line. And that means continued development of nuclear technologies and more cash for Hamas and Hezbollah.