Iran General NewsUAE closes firms violating Iran sanctions: report

UAE closes firms violating Iran sanctions: report

-

AFP: The United Arab Emirates has closed down 40 international and local firms as part of a crackdown on companies that violate UN sanctions on Iran, a newspaper reported on Monday.

DUBAI (AFP) — The United Arab Emirates has closed down 40 international and local firms as part of a crackdown on companies that violate UN sanctions on Iran, a newspaper reported on Monday.

These companies have been dealing in “dual-use and dangerous materials banned under UN resolutions and the nuclear non-proliferation treaty,” the Gulf News reported quoting an unnamed UAE official.

“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,” the official said.

“The UAE is committed to meet its obligations toward the global effort for non-proliferation,” of nuclear weapons, the official added.

On June 9, the UN Security Council slapped a fourth round of sanctions on Iran over its controversial nuclear drive, this time tightening the noose on military and financial transactions.

The resolution bans the sale to Iran of eight new types of heavy weapons and applies new restrictions on Iranian investments abroad.

For years, Iran maintained active trade relations with Dubai, one of seven emirates making up the UAE, with the trade volume estimated at around 10 billion dollars a year, mostly of Iranian imports.

A Western diplomat said last week that Dubai authorities succumbed to US pressure on the federal government in Abu Dhabi to prohibit any goods bound for Iran that could have dual civilian and military use.

About 400,000 Iranians are based in UAE.

The fresh UN and US sanctions were imposed after Tehran pressed on with uranium enrichment for a programme that Iran insists is peaceful but the West and others suspect is aimed at making a bomb.

Latest news

Air Pollution Kills 26,000 People in Iran Every Year: Head of Environment Organization

Ali Salajegheh, the head of the Environmental Protection Organization admitted in a conference in Kerman on Monday, May 13...

Australia Sanctions Iranian Regime Navy and IRGC Commanders

On Tuesday, May 15, the Australian Government imposed targeted sanctions on five Iranian individuals and three entities, in response...

Iranian Regime Sabotage Plot Neutralized in Jordan

According to informed Jordanian sources, security authorities thwarted a suspicious plot led by the Iranian regime to smuggle weapons...

Iran Facing Infant Formula Scarcity Again

Iranian media have reported a new increase in the price of infant formula and announced that this trend has...

Iran: Social Security Organization Cuts Insurance for Hundreds of Thousands of Construction Workers

Abbas Shiri, an inspector from the Construction Workers Union, dismissed the claim of insuring 70,000 construction workers as false...

Parliamentary Election Rejected by 92% of Eligible Voters in Tehran

The second round of the twelfth parliamentary elections of the Iranian regime in Tehran was held with an "8...

Must read

Iran: Gulf States Take Measures Against Illicit Financial Transactions

Iran Focus London, 4 Jun - The United States...

Iran atom plan shows need for shield talks: Germany

Reuters: The latest developments with Iran's nuclear program reinforce...

You might also likeRELATED
Recommended to you

Exit mobile version