Emerald Seeds
Over the last three presidential administrations, the United States government has granted Emerald Seeds 14 special licenses to do business in Iran. (New York Times, "Companies with Permission to Bypass Sanctions," 12/24/10)
Over the last three presidential administrations, the United States government has granted Emerald Seeds 14 special licenses to do business in Iran. (New York Times, "Companies with Permission to Bypass Sanctions," 12/24/10)
Lists Mobarak Andish Institute as its distributor in Iran.
--
Over the last three presidential administrations, the United States government has granted Cooperative Resources International 27 special licenses to do business in Iran. (New York Times, "Companies with Permission to Bypass Sanctions," 12/24/10)
Over the last three presidential administrations, the United States government has granted Phibor Animal Health 32 special licenses to do business in Iran. (New York Times, "Companies with Permission to Bypass Sanctions," 12/24/10)
According to its Annual Report filed with the SEC in 2019: "Bunge Limited has learned of two isolated instances in which its Swiss subsidiary, Bunge S.A., directly or indirectly dealt with Iran in situations other than licensed humanitarian sales of agricultural commodity and food products. In the first instance, a third party chartering one of its vessels twice transported iron ore from Iran to China. Bunge S.A. did not receive any payments directly linked to these voyages, though it realized approximately $810,000 of revenue as a result of sub-chartering the vessel during the months in which these two voyages occurred. In the second instance, Bunge S.A., during the period of U.S. participation in the JCPOA, provided fueling to an Iranian government-owned shipping line vessel in Brazil which was transporting agricultural goods to Iran for a third party. Bunge S.A. did not realize any gain from this transaction but instead passed on the cost of the fuel by offsetting it against amounts owed to the Iranian government-owned shipping line for a different vessel engaged in a shipment of Bunge agricultural goods authorized by license from OFAC. These were both isolated instances, and both occurred prior to the reimposition of sanctions on Iran in the fourth quarter of 2018. Other than in connection with licensed exports of humanitarian goods to Iran, Bunge does not intend to have any other dealings with the Government of Iran.
--
"More than 20 ships carrying around one million tonnes of grain are stuck outside Iranian ports as US sanctions create payment problems and hamper the country's efforts to import vital commodities, sources directly involved in the trade said. Trading companies such as Bunge (BG.N) and China's COFCO International have been hit by payment delays and additional costs of up to $15,000 a day as the renewed US restrictions stifle the processing of transactions, trade sources said." (Ashraq Al-Awsat, 10/4/2019).
--
Cargill, Bunge and other global traders have halted food supply deals with Iran because new U.S. sanctions have paralysed banking systems required to secure payments, industry and Iranian government sources say. (12/21/2018)
--
July 2017 - “Over the past two months, the same strategy has brought top managers of world’s most prominent and most reputable grain companies to Iran for holding joint meetings with directors of Iran’s GTC,” noted the official. In the meantime, managers of Bunge Limited, Archer Daniels Midland (ADM), Olam International and KAMO Grain Inc. have been among most credible international firms who made presence in the country and attended important meetings over the food sector.”
--
Over the last three presidential administrations, the United States government has granted Bunge Global Markets 47 special licenses to do business in Iran. (New York Times, "Companies with Permission to Bypass Sanctions," 12/24/10)
On ABS Global's website, Rocket International is listed as an Iran contact.
--
A subsidiary of the UK company Genus PLC.
--
Lists a global contact in Iran on its company website.
--
Over the last three presidential administrations, the United States government has granted ABS Global 99 special licenses to do business in Iran. (New York Times, "Companies with Permission to Bypass Sanctions," 12/24/10)
Over the last three presidential administrations, the United States government has granted World Wide Sires 42 special licenses to do business in Iran. (New York Times, "Companies with Permission to Bypass Sanctions," 12/24/10)
--
"World Wide Sires, an artificial insemination cattle embryo and semen cooperative, received multiple licenses to sell bull semen and other products in Iran and Sudan. This license authorized the company to receive payment under a letter from the Iranian Bank of Mellat and its subsidiary Persia Bank. This, even though the United States government had placed the banks on a special sanctions blacklist for facilitating the movement of millions of dollars for Iran's nuclear program. The company argued that the transaction should be allowed to proceed because the letter of credit was signed before the Oct. 25, 2007, blacklisting of the banks. OFAC said it granted the license because it authorized funds to be removed from Iran for the benefit of a United States exporter, which otherwise would not have been compensated for an authorized export to Iran, an outcome the agency said it believed was unjust." (New York Times, "Licenses Granted to U.S. Companies Run the Gamut," 12/24/10)
Alltech lists Andishan Terjarat Asia as its distributor in Tehran, Iran.
--
The US Government granted animal nutrition company Alltech Inc. a license to sell animal feed to Iran. (New York Times, "Licenses Granted to U.S. Companies Run the Gamut," 12/24/10)
"As a leading global manufacturer of agricultural equipment, AGCO offers a full line of tractors, combines, hay tools, sprayers, forage and tillage equipment, which are distributed through more than 2,700 independent dealers and distributors in more than 140 countries worldwide."
"AGCO products are sold through four core brands: Challenger®, Fendt®, Massey Ferguson® and Valtra®, providing equipment to help farmers respond to today’s high demands" (Company website).
---
Valtra, which is sold in over 75 countries, lists a dealer in Iran. (Valtra website)
---
"In 1999, Dalfard introduced Valtra Inc, as its sole provider of heavy tractors and for the first time Valrta was presented to the Iranian Market in Agro-Food Exhibition in Tehran. Our management team with great dedication, hard work, and an accurate planning were able to import 500 units of Valtra tractors in Iran, which has been followed with bigger VALTRA T170 and T171 model with 184 hp" (Iranian Dealer website).
---
In 2003, Valtra "received an order from Iran for 500 tractors. The tractors are 140-horsepower, 6-cylinder Valtra 8400 models. The order includes spare parts and extensive training. The contract is the largest single order ever booked by Valtra" (" Valtra Wins Major Order in Iran," Valtra Press Release, June 23 2003).
---
Massey Ferguson, another global brand of AGCO, and, according to the website, "the most widely sold brand of agricultural machinery in the world," is licensed to be sold at Iran Tractor Mfg Co (ITMCo) in Iran, under the names of VenIran, TajIran, MFT and Eder Derdison (Massey Ferguson Company Profile).
---
The Iran Tractor Manufacturing Company manufactures and sells Massey Ferguson tractors. (Iran Tractor Manufacturing Company website)
According to its Annual Report filed with the SEC for fiscal year 2018: "In 2018, CNH Industrial suspended business activities in Iran, other than those activities required to fulfill binding orders. Prior to the suspension of business activities in Iran, CNH Industrial had limited commercial activity in Iran conducted by non-US subsidiaries. In 2018, sales in Iran were significantly less than one percent of CNH Industrial’s revenues. In 2018, one of our non-US subsidiaries generated net revenues of approximately $4.6 million attributable to the sale of on and off-road trucks and spare parts to an entity that is indirectly owned or controlled by the Government of Iran. The Iran-related activity was negligible to our overall revenues and profits. Our activities in Iran comply in all material respects with applicable laws and regulations, including U.S. and other international trade sanctions."
--
According to its Annual Report filed with the SEC for fiscal year 2017: "CNH Industrial has limited commercial activity in Iran, which is conducted by non-US subsidiaries. In 2017, sales in Iran were significantly less than one percent of CNH Industrial’s revenues. In 2017, one of our non-US subsidiaries generated net revenues of approximately $11.3 million attributable to the sale of on and off-road trucks and spare parts to an entity that is indirectly owned or controlled by the Government of Iran."
--
On February 24, 2016, a delegation of CNH officials met with Iran’s Arak HEPCO Company in Iran. (IRNA, “Arak HEPCO capacities introduced to Italian investors,” 2/24/2016)
--
CNH Industrial, reportedly was part of a 370-member Italian trade delegation to Iran in late November 2015. (Press TV, “Fiat in talks for car manufacturing in Iran,” 11/29/2015).
--
"Fiat and its sister companies, Fiat Industrial and CNH Global N.V. (CNH), said they will cease business activities in Iran in support of diplomatic efforts to convince the leaders of Iran to abandon its nuclear program, which is widely suspected of developing nuclear weapons. Iran has denied that it is making nuclear weapons... Fiat Industrial and CNH issued statements with the same wording. Fiat exports cars to Iran while Fiat Industrial exports buses and trucks under its Iveco brand. CNH Global builds farm and construction machinery that is sold in Iran." (Dow Jones, "Fiat Ban On Sales To Iran Seen As Victory In Sanctions Campaign," 5/25/2012)
--
In a correspondance with the SEC in December of 2009, CNH disclosed details of its sales in Iran.
"CNH’s foreign subsidiaries’ total sales into Iran: $27.8 million in 2006, $42.9 million in 2007, $36.8 million in 2008, and $6.2 million in 2009. In Iran, CNH’s foreign subsidiaries sell equipment to independent distributors or with the assistance of a commission agent."
(CORRESP for CNH GLOBAL N V, 12/7/2009)
Syngenta officially lists that it runs an Iran office in Tehran. (Company Website)
--
As part of Syngenta's SEC filings, the company's 2008 Annual Report on Form 20-F states:
"Syngenta conducts business in most countries of the world, and thus it has minor operations in high risk territories, including Cuba, Iran, Syria and the Sudan, some of which have been identified by the US government as state sponsors of terrorism. Syngenta’s operations in these countries are quantitatively immaterial, and it is Syngenta’s belief that supporting agriculture in these countries is beneficial to their wider population, for whom food is often in short supply. However, certain investors may choose not to hold investments in companies that have operations of any size in these countries and several US states have enacted, and others may in the future enact, legislation requiring public entities with investments in companies with operations in these countries to disclose this fact or in some cases to divest these investments. Any such divestment is not currently expected to have a material impact on the value of Syngenta shares." (SEC, "Form 20-F," 2/18/09)
--
"Last year, Obama said in a statement that he sold about $180,000 in his holdings in a different Vanguard fund, the Wellington Fund, because the fund owned shares in Schlumberger a French oil-services company that does business in Sudan. Wellington also owns shares in companies that do business in Iran, including Schlumberger, Royal Dutch Shell and Syngenta, a Switzerland-based agribusiness company." (USA Today, "McCain, Obama funds invest in firms working in Iran," 6/3/08)
--
Listed by U.S. Government as doing business in Iran. (U.S. Securities and Exchange Commission, “List of Companies Doing Business With State Sponsors Of Terror,” Removed from the Internet in July 2007)
--
"The Swiss agrochemical company, Syngenta, said on Sunday that it was disappointed with the U.S. Securities and Exchange Commission (SEC) which suspected it of sponsoring terrorist states.... The blacklist is based on latest annual reports of the companies. They are mostly non-U.S. and include Unilever, Cadbury,HSBC, Nokia, Siemens and Total, as well as the second biggest Swiss bank, Credit Suisse, the agrochemical firm, Syngenta, and the engineering group, ABB. Syngenta said it was disappointed with the U.S. blacklist, while ABB and Credit Suisse played down their business links with the five named countries - Cuba, Iran, the Democratic People's Republic of Korea, Sudan and Syria, Swissinfo said. According to Basel-based Syngenta, the company should not be punished for its transparency. It is currently active in four of the five countries designated by the U.S. State Department as 'sponsors of terrorism.' 'But we see no reason to change our policy,' said Syngenta spokesman Medard Schoenmaeckers. He added that the company's business activities in Sudan's agriculture sector were 'minimal.'"(Xinhua, "Swiss Company Irritated Over U.S. Blacklist," 7/2/07)
No response at this time.
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.