Iran General NewsUS lawmakers unveil new Iran sanctions bill

US lawmakers unveil new Iran sanctions bill

-

ImageAFP: US lawmakers unveiled new Iran sanctions legislation Thursday that could bar major global telecommunications giants that do business with the Islamic republic from lucrative US government contracts. ImageWASHINGTON (AFP) — US lawmakers unveiled new Iran sanctions legislation Thursday that could bar major global telecommunications giants that do business with the Islamic republic from lucrative US government contracts.

The Accountability for Business Choices in Iran Act, or ABC Iran Act, takes aim at non-US firms that invest or operate in Tehran's energy sector or export "sensitive technology" that could be used by the Iranian government.

The measure would require any such company seeking a contract with the US government or benefiting from giant economic stimulus and financial bailout packages to certify that it does not conduct business operations in Iran.

"It is time for companies to make a choice: Either do business with the US government or do business with Iran," said Democratic Representative Ron Klein of Florida, the measure's lead author.

Any false certification would result in a ban on doing business with the US government.

US companies are already prohibited under US law from contracts with Iran, and it was not immediately clear how many non-US firms would be affected if the measure becomes law.

But the United Against Nuclear Iran advocacy group, which helped write the measure, maintains a list of companies that do business in Iran and notes that telecommunications giants Nokia and Siemens could be affected.

"It is time for companies to pick a side, either stand with those who promote freedom and peace, or fall with the outlaws who promote religious tyranny," said Representative John Mica, the measure's lead Republican backer.

The measure came amid a rising tide of support in the US Congress for imposing new sanctions on Iran, amid charges that Tehran seeks a nuclear weapons under cover of a civilian atomic energy program.

Latest news

Iran’s People Do Not Buy the Regime’s Economic Promises

Right before Ebrahim Raisi, the Iran regime’s president took the office, he and his economic team introduced a 7000-page...

Protests Continue in Iran With “Death to…” Slogans

During the nomination of his cabinet in the Parliament last year, President Ebrahim Raisi spoke about his priority...

Iran: Instances of Systematic Corruption

—Three board members of the Iran Commerce Chamber have paid a 28-billion-rial down payment and 1.94-billion-rial rent of their...

Truth on the Spread of Addiction in Iran and Regime’s Goals

A citizen from Shiraz, who was a victim of the Iranian regime’s criminal policy, has spoken up about the...

Bank Robbery at Tehran’s Most Secure Zone in Bright Daylight

— “Professional robbers stole more than 160 safe boxes” at a branch of the Bank Melli, authorities say. — The...

Iran Regime’s Confessions About Its Weakness

On June 2, during a large-scale operation by the People’s Mojahedin Organization of Iran (PMOI/MEK) supporters in Iran, the...

Must read

Iran: the next Nicaragua?

Washington Times: Isn't it revealing that autocrats and dictators...

Iran plans to boost exploration in border areas, ministry says

Bloomberg: Iran plans to set up four drilling platforms...

You might also likeRELATED
Recommended to you