UANI Applauds U.S. Treasury for Fining CMA CGM and Renews Call on CMA CGM to End its Business in Iran

FOR IMMEDIATE RELEASE
August 22, 2011
Contact: Nathan Carleton, [email protected]
Phone: (212) 554-3296   

UANI Applauds U.S. Treasury for Fining CMA CGM and Renews Call on CMA CGM to End its Business in Iran

New York, NY - United Against Nuclear Iran (UANI) condemned French shipping company CMA CGM, following the U.S. Treasury Department's recent fine against it for its illegal shipments to and from Iran and other sanctioned nations.  UANI has repeatedly called for an investigation into CMA CGM's Iran business and highlighted the Iranian regime's exploitation of the shipping industry.

UANI President, Ambassador Mark Wallace, issued the following statement:

The U.S. Treasury's decision to fine CMA CGM for its work with Iran further confirms the legal lines CMA CGM risks violating in continuing to do business there. It is highly irresponsible for CMA CGM to maintain its business in Iran following multiple occasions of CMA CGM vessels being seized and found to contain weapons headed to or from Iran in violation of international law and UN Security Council Resolutions.

Until CMA CGM pulls out of Iran, it is continuing to facilitate Iran's support for terrorism and its efforts to build nuclear weapons. CMA CGM should fully end its business in Iran now and show the world that it is a responsible corporation.

Last week, the U.S. Treasury Department fined CMA CGM for violating trade laws with Iran and other sanctioned nations.

At least three CMA CGM vessels have been seized recently and found to contain weapons headed to or from Iran.

On March 9, United Against Nuclear Iran first called on CMA CGM, the world's third-largest container shipping company, to end its business in Iran.

Click here to send a message to CMA CGM.
Click here to read the U.S. Treasury Department release on the CMA CGM fine.
Click here to read UANI's Executive Research Report, "Iran's Exploitation of the Shipping Industry."