19 Apr 2024
Sunday 26 March 2017 - 21:16
Story Code : 255408

Iran announces sanctions on 15 US companies



Press TV - Iran has announced retaliatory sanctions on 15 American companies over their support for Israeli crimes and terrorism two daysafter Washington imposed bans on nearly a dozen foreign companies or individuals for aiding the Islamic Republic.

The Iranian Foreign Ministry said in a statement that these companies have directly and/or indirectly collaborated with the Israeli regime in committing its savage crimes in occupied Palestine, thrown their weight behind the regimes terrorist acts or contributed to the expansion of illegal Israeli settlements in Palestinian territories in flagrant violation of UN Security Council Resolution 2334.

Therefore, any transactions with these companies and businesses shall be prohibited, their assets shall be subject to freezing, and no visas shall be issued for individuals holding positions in or associated with these corporations, the statement further noted.

The ministry also said Washingtons unilateral bans were imposed on Tehran under fabricated pretexts, censuring the restrictive measures as a violation of international law as well as the spirit and text of the 2015 nuclear deal, known as the Joint Comprehensive Plan of Action (JCPOA).

On Friday, the US State Department said Washington had sanctioned 30 foreign companies or individuals for transferring sensitive technology to Iran for its missile program or violating export controls on Iran, North Korea and Syria.

The statement further emphasized Irans resolve to develop its peaceful missile power as part of the nations inalienable right to enhance its deterrence and defense might in the face of threats.

The US sanctions targeted 11 companies or individuals from China, North Korea or the United Arab Emirates for transferring technology to Iran that it claimed could boost the countrys ballistic missile program.

Here is the list of the sanctioned US corporations:

-Beni Tal security company has collaborated with the Israeli military in the suppression of Palestinian people.

-United Technologies has sold Black Hawk military helicopters to the Israeli regime which have been used to bomb occupied territories and Palestinian refugee camps.

-Raytheon has supplied Israel with technologically advanced military weapons that have been used against Palestinian people during the Gaza war.

-ITT Corporation has provided the Israeli military with equipment it has used to stage nightly raids in Palestinian villages and refugee camps.

-Re/Max has been involved in illegal real estate transactions in Israeli settlements across occupied Palestinian territories.

-Oshkosh Corporation has been supplying the Israeli military with parts for armored vehicles used to restrain the Palestinian population.

-Magnum Research Inc. has collaborated with Israeli military industries in the manufacturing of firearms and military equipment.

- Kahr Arms has provided spare parts and developedlight weapons used by the Israeli army in cooperation with the regimes military industry.

- M7 Aerospace LP, purchased by US subsidiary of the Israeli military contractor Elbit Systems, has beenactive in the production and development of Israeli radar and missile systems.

- Military Armament Corporation has provided services and equipment linked to the weapons used by Israeli police.

- Lewis Machine and ToolCompany has providedweapons spare parts and services to the Israeli militarys arms industry.

- Daniel Defense has provided the Israeli militarys arms industry with spare parts and services for weapons manufacturing.

- Bushmaster Firearms International has provided the Israeli militarys arms industry with spare parts and services for weapons manufacturing.

-O.F. Mossberg & Sons has suppliedIsrael with weapons, which are used by the regimes military and police forces in the crackdown on Palestinian civilians.

-H-S Precision, Inc. has providedthe Israeli regime with weapons manufacturing technology.

The Iranian Foreign Ministry stated that the list could expand to include more entities.

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