US targets Iran with new sanctions

[Guest guest]

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US targets Iran with new sanctions

By Lachlan Carmichael (AFP) – 2 hours ago

WASHINGTON — The United States on Tuesday announced it is imposing sanctions

against seven foreign firms, including Venezuelan, Singaporean, and Israeli

companies, as part of efforts to check Iran's nuclear ambitions.

It also imposed sanctions against 16 other foreign firms and individuals,

including from China, over trade with Iran, Syria and North Korea in goods or

technology that may be used for weapons of mass destruction or missiles.

Deputy Secretary of State Steinberg told reporters the measures taken by

Secretary of State Hillary Clinton against the seven companies come under the

Iran sanctions act of 1996.

The firms include Petroleos de Venezuela (PDVSA), as well as PCCI (Jersey/Iran),

Royal Oyster Group (UAE), Speedy Ship (UAE/Iran), Tanker Pacific (Singapore),

Ofer Brothers Group (Israel), and Associated Shipbroking (Monaco).

" The sanctions we have imposed will cut off PDVSA's access to US government

contracts, US import-export financing and licenses for controlled technologies, "

Steinberg said.

" These sanctions will not prevent PDVSA's sale of oil to the United States or

other markets, and the santions do not affect the operations of PDVSA's

subsidiaries, " he said.

The sanctions are aimed at preventing Iran from developing its energy sector,

which in turn is used to fund its nuclear program suspected of weapons

development, Steinberg said.

" Today's action adds further pressure on Iran to comply with its international

obligations, " Steinberg said.

" By imposing these sanctions, the secretary sends a stern and clear message to

companies around the world: those who continue to irresponsibly support Iran's

energy sector and help facilitate Iran's efforts to evade US sanctions will face

serious consequences, " Steinberg said.

The European Union on Monday tightened its own sanctions on Iran, adding more

than 100 firms to a blacklist of companies hit by an assets freeze amid efforts

to revive international talks to make Tehran halt its nuclear program.

Steinberg said the United States is also imposing sanctions against 16 foreign

entities and individuals from China, Belarus, Iran, North Korea, Syria and

Venezuela as part of an effort to curb weapons proliferation.

He said those sanctions were imposed " pursuant to the Iran, North Korea, Syria

non-proliferation act ... for their activities in support of WMD (weapons of

mass destruction) and missile programs. "

He said the 16 were targeted for the " transfer to or acquisition from North

Korea, Syria or Iran of goods, services or technologies controlled under the

various export control regimes or otherwise had the potential to make a material

contribution the developments of WMD or cruise or ballistic missile systems. "

Most of them were targeted for " proliferation activity involving Iran, " he

added.

The sanctioned entities and individuals are:

-- Belarusian Optical Mechanical Association and BelTechExport (Belarus)

-- Karl Lee, Dalian Sunny Industries, Dalian Zhongbang Chemical Industries

Company, Xian Junyun Electronic (China)

-- Milad Jafari, Defense Industries Organization, Islamic Republic of Iran

Shipping Lines (IRISL), Islamic Revolutionary Guards Corps Qods Force, SAD

Import-Export Comapny, and Shahid Bakeri Industries Group (SBIG) (Iran)

-- Tangun Trading (North Korea)

-- Industrial Establishment of Defense and Scientific Studies and Research

Center (SSRC) (Syria)

-- Venezuela Military Industries Company (CAVIM)

Copyright © 2011 AFP

[Guest guest]

tried this too after the Shah fell and the hostage crisis was in full swing. They aren't going to work this time either. This is because the leaders of the country have all the wealth and access to things they want and so won't be affected by it and the people won't rebel in part because they are divided between those who would be bothered by the sanctions and those who won't care because they are suffering for Islam and the global Jihad.

Besides, the sanctions sanction imposed on those companies won't make any difference either because their function is to do business with Iran and other "rogue" nations and not the US.

In a message dated 5/24/2011 1:20:44 P.M. Eastern Daylight Time, no_reply writes:

US targets Iran with new sanctions