NEW YORK--(BUSINESS WIRE)--United Against Nuclear Iran (UANI) CEO, Ambassador Mark D. Wallace, issued the following statement regarding the U.S. Department of Treasury’s action today against entities that have facilitated Iran oil sanctions evasion and ballistic missile procurement:
We applaud Treasury for its action today. This is another reminder that doing illicit business with Iran can lead to serious financial and reputational harm. Businesses should understand that the risks of conducting business with Iran remain too high to permit a return to that market.
We are still concerned, however, with the pace of Iran sanctions enforcement since President Rouhani’s election. In the last eight months of former President Ahmadinejad’s term, there were 200 Iran-related sanctions designations by Treasury. In the first eight months of Rouhani’s term, there have been only 60.
Today’s action was Treasury’s first Iran sanctions designations in nearly 3 months (82 days). We call on the Obama administration to vigorously enforce sanctions throughout the duration of the Geneva Interim agreement.
Click here view UANI’s Geneva Interim Agreement Tracker.