US blacklists three Iranian firms over weapons program
WASHINGTON, Feb 16 (AFP) Feb 16, 2007
The US government Friday blacklisted three Iranian companies accused of aiding the Islamic republic's "proliferation of weapons of mass destruction."
The Treasury Department designated Kalaye Electric Co., Kavoshyar Co. and Pioneer Energy Industries Co., freezing their US assets and barring Americans from dealing with them.
"Treasury is taking this action to deny Iran access to the materials and services that support its nuclear ambitions," said Stuart Levey, Treasury under secretary for terrorism and financial intelligence.
He said the designation was "consistent with our international obligations under UN Security Council Resolution 1737," which imposed sanctions on Iran for its failure to halt uranium enrichment.
The latest action intensified a US government squeeze on Iranian banks and companies. Last month, Treasury blacklisted Iran's fifth largest bank, Bank Sepah, for allegedly helping finance the country's illicit weapons programs.All rights reserved. © 2005 Agence France-Presse. Sections of the information displayed on this page (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence, you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the content of this section without the prior written consent of Agence France-Presse.