Report: UAE Closes Firms Violating Iran Sanctions

(AFP) The UAE has closed down 40 international and local firms as part of a crackdown on companies that violate UN sanctions on Iran, the Gulf News reported on Monday, quoting a UAE official. The companies have been dealing in "dual-use and dangerous materials banned under UN resolutions and the nuclear non-proliferation treaty," he said. "Operations of any company in the UAE proved to have connections with the Iranian Revolutionary Guard Corps, other entities or individuals subject to the UN asset freeze will immediately be shut down."


2010-06-21 09:59:40

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