WASHINGTON (AFP) – a group of us lawmakers on Wednesday unveiled the legislation to toughen sanctions on Iran for its nuclear program, the multinational companies traded in the United States exchanges reveal the investments required by the Islamic Republic.
"If we can show the transparency makes investment in Iran, we can defund the nuclear one of the world's largest militarization hostile Nations," said Senator Kirsten Gillibrand, Democrat of New York, which is one of the sponsors of the Bill.
"Companies have to make choices: do business with Iran, or get in the U.s. economy. We have zero tolerance policy for any company that places profit forward, our safety or security of our allies. "
Legislation was co-sponsored by the Illinois Republican Mark Kirk and Senator Ted Deutch, Florida Democrat and Dan Burton, Indiana from Republican representatives.
Bill of materials (BOM) to tighten sanctions on Iran in Washington and who already suspected its illicit nuclear program using atomic weapons by the United Nations.
Lawmakers said the Bill require that companies disclose an offence for investments in Iran with the Securities and Exchange Commission, and the quarterly and annual reports, none of the banks in the US would have to report their activities in Iran, as well as for external contact banks.
Gillibrand said, eight companies with Nasdaq and the New York Stock Exchange listed on the partners who support Iran's energy sector, 18 banks.
"Congress must do more to showcase companies that violate the law and endanger our sanctions policy," Kirk said. "This bipartisan legislation to keep bad actors responsible for dangerous and hostile subsidizing system."
The judgment of the Foundation's recent report on the legislators Defense of democracies, the eight global businesses had been linked to Iran's energy sector program: Alcatel-Lucent France, China National Offshore Oil Company, the people's Republic of China National Petroleum Company, China Petroleum & Chemical Corp., Japan's Mitsubishi, Mitsui, Anglo-Dutch firm Royal Dutch Shell and Sasol in South Africa.
Think tank said also, through the foreign correspondent banks 18, including the large U.s. banks and financial companies from Japan, Great Britain, Germany, Switzerland, France and India to conduct business with Iran.
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