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| Syria-Lebanon-Iran | |
| US Treasury names Iran firms weapons proliferators | |
| 2007-02-18 | |
| WASHINGTON, Feb 16 (Reuters) - Stepping up U.S. financial pressure on Iran over its nuclear program, the Treasury Department labeled three Iranian companies on Friday as proliferators of weapons of mass destruction and banned Americans from transactions with them. The Treasury, invoking an executive order recently used against Iranian state-owned banks, said it would also seek to freeze any U.S. assets of Kalaye Electric Co., Kavoshyar Co. and Pioneer Energy Industries Co. It said the companies are either owned by, controlled by, or acting on behalf of the Atomic Energy Organization of Iran, the government agency that manages Iran's overall nuclear program, including efforts to enrich uranium through centrifuge and laser processes. "Treasury is taking this action to deny Iran access to the materials and services that support its nuclear ambitions," said Stuart Levey, the Treasury's under secretary for for terrorism and financial intelligence.
In Friday's designation, the Treasury said Kalaye Electric has been linked to Iran's centrifuge research and development efforts and was listed in documents attached to the U.N. Security Council resolution due to its involvement in Iran's nuclear program. Kavoshyar's sole shareholder is the Atomic Energy Organization of Iran and Pioneer Energy provides services to AEOI, including technological support, the Treasury said. | |
| Posted by:Steve White |
| #1 There is so much that should have been done decades ago, and even more since 9/11. The West is not serious about the jihad. |
| Posted by: Anguper Hupomosing9418 2007-02-18 13:56 |