December 10, 2010
Contact: Kimmie Lipscomb, [email protected]
Phone: (212) 554-3296
UANI Applauds Komatsu For Ending Its Business in Iran
New York, NY - United Against Nuclear Iran (UANI) applauds Japanese construction conglomerate Komatsu for its decision to end its business in Iran. UANI, on July 29, 2010, called on Komatsu to cease doing business with Iran. Komatsu's business in Iran enabled the sale, assembly and manufacture of construction equipment that has been used in Iran's energy sector. The oil and gas sector in Iran is dominated by the IRGC, an entity that is the principal player in Iran's nuclear weapons program and is also on the U.S. State Department's Terrorism List.
UANI thanks Komatsu for its decision not to accept "any order for new equipment from any distributor for sale in Iran after October 1, 2010." Additionally, UANI appreciates the steps Komatsu has taken to end service activities to end-users in Iran. Komatsu's decision to end its business in Iran in response to UANI's pressure campaign was announced Thursday on CNBC's Street Signs with Erin Burnett.
Speaking of Komatsu's decision, UANI President, Ambassador Mark D. Wallace, said:
Komatsu joins the growing coalition of responsible corporations that are standing up to the threat to international peace and security posed by Iran's nuclear weapons program. Komatsu's actions send a clear message to the Iranian regime that its continued defiance of the international community will only serve to isolate Iran and further pressure its already weakened economy. With the assistance of companies like Komatsu, international sanctions and economic pressure are beginning to have an impact on the Iranian leadership.
UANI is pleased to add Komatsu to the list of corporations that have joined our effort to economically isolate Iran because of its illicit pursuit of a nuclear weapon.
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