UANI Calls on U.S. Regulated Companies to End Business in Iran on the Basis of Unwarranted Trade Licenses

FOR IMMEDIATE RELEASE
December 24, 2010
Contact: Kimmie Lipscomb, [email protected]
Phone: (212) 554-3296

UANI Calls on U.S. Regulated Companies to End Business in Iran on the Basis of Unwarranted Trade Licenses

New York, NY - United Against Nuclear Iran (UANI) today called on U.S. companies to end business in Iran on the basis of unwarranted trade licenses.  A New York Times investigation, published today, revealed that American companies have abused humanitarian trade exemptions for short-term financial gain.  All responsible corporations must refuse to do business in Iran.    

The U.S. Government also should tighten loopholes and only grant licenses to companies to conduct business in Iran that address real humanitarian and medical needs. 

In a statement, UANI President Ambassador Mark D. Wallace said:

All responsible companies should end their business in Iran.  Only on the basis of compelling humanitarian and/or medical reasons should U.S. regulated companies trade with Iran.  Chewing gum, popcorn, and soda do not fall within such exceptions.  Such companies trading these non-essential products should immediately cease their business with Iran. 

Responsible corporations such as General Electric have partnered with UANI to commit to ending all non-humanitarian business in Iran.  General Electric signed UANI's Iran Business Declaration and provides to charity all proceeds from humanitarian business in Iran.  We call on all U.S. companies to follow suit.  

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Click here to read The New York Times investigative report

Click here to learn more about GE's partnership with UANI
Click here to learn more about the Iran Business Declaration