News / Middle East

US Targets More Companies Evading Iran Sanctions

FILE - Under Secretary of the Treasury for Terrorism and Financial Intelligence David S. Cohen speaks at a news conference at the Conrad B. Duberstein U.S. Bankruptcy Courthouse in New York, December 2012.FILE - Under Secretary of the Treasury for Terrorism and Financial Intelligence David S. Cohen speaks at a news conference at the Conrad B. Duberstein U.S. Bankruptcy Courthouse in New York, December 2012.
x
FILE - Under Secretary of the Treasury for Terrorism and Financial Intelligence David S. Cohen speaks at a news conference at the Conrad B. Duberstein U.S. Bankruptcy Courthouse in New York, December 2012.
FILE - Under Secretary of the Treasury for Terrorism and Financial Intelligence David S. Cohen speaks at a news conference at the Conrad B. Duberstein U.S. Bankruptcy Courthouse in New York, December 2012.
VOA News
The United States has targeted more than a dozen companies and individuals for evading international sanctions against Iran and for providing support for Tehran's nuclear program.

The U.S. Treasury and State Departments announced they are freezing assets and banning transactions of the entities they say are involved in proliferating material used for weapons of mass destruction and who are attempting to evade sanctions.

Officials said Thursday the new targets include shipping firms and individuals based in Singapore, the Philippines and Ukraine (Mid Oil Asia, Singa Tankers, Siqiriya Maritime, Ferland Company Limited and Vitaly Sokolenko).

The U.S. also named five Iranian entities it said are directly engaged in actions contributing to Iran's ability to enrich uranium. Several other entities related to Iran's ballistic missile program were also targeted.

David Cohen, the Treasury Department's undersecretary for terrorism and financial intelligence, said Thursday's action blacklists additional companies and people under previously-issued measures.

The move comes as some U.S. lawmakers push to impose new sanctions on Iran. But the Obama administration has so far persuaded them to hold off, saying such action could harm ongoing talks with Iran on limiting its nuclear program.

Cohen and State Department Under Secretary for Political Affairs Wendy Sherman told a congressional hearing Thursday that imposing new sanctions on Iran would likely result in Washington losing the support of its allies.

These include the other so-called P5+1 countries - Britain, China, France, Germany and Russia - who, along with the United States negotiated the interim deal on Iran's nuclear program and enforced existing sanctions that often run counter to their own economic interests.

Sherman said the Obama administration is correct in asking Congress to hold off on imposing additional punitive measures on Iran.

"If we indeed say, 'well we really didn't mean it, we're now going to impose additional sanctions that you all will have to live with around the world,' our partners are likely to say, 'well, wait a minute here. You're changing the rules. We agreed to harm our own economies in service to diplomacy and you're not giving diplomacy a chance,'" Sherman noted.

Treasury's Cohen agreed, stressing his concern that the U.S. could lose support if its international partners conclude Washington is not interested in a diplomatic solution to the Iran nuclear issue.

Senator Tim Johnson, who chairs the U.S. Senate Banking Committee that oversees sanctions legislation, said he agrees with the Obama administration that any new measures could disrupt negotiations seeking to curb Iran's nuclear program.

Iran's foreign minister has also said a new sanctions law would kill the interim agreement reached in Geneva last month. In the interim agreement, Tehran agreed to limit uranium enrichment in return for an easing of international sanctions.

You May Like

China Investigates Former Powerful Security Chief

Former security chief and member of Politburo Standing Committee, Zhou Yongkang, under investigation for suspected 'serious disciplinary violation' More

India, US Look to Reset Ties During Kerry Visit

This week's talks will be first high level interaction between two countries since Prime Minister Narendra Modi took charge More

Video Young African Leadership Program Renamed to Honor Mandela

YALI program, launched by President Obama in 2010, aims to build skills in business, entrepreneurship, public management and civic leadership More

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Vietnamese Staging Chinese Product Boycott After Oil Rig Spati
X
Reasey Poch
July 28, 2014 7:18 PM
China recently pulled an oil rig from an area of the disputed South China Sea that Vietnam also claims. Despite the action, the incident has had a lingering effect on consumers in Vietnam. VOA's Reasey Poch reports from Hanoi on an effort to boycott Chinese products.
Video

Video Vietnamese Staging Chinese Product Boycott After Oil Rig Spat

China recently pulled an oil rig from an area of the disputed South China Sea that Vietnam also claims. Despite the action, the incident has had a lingering effect on consumers in Vietnam. VOA's Reasey Poch reports from Hanoi on an effort to boycott Chinese products.
Video

Video ESA Spacecraft to Land on a Comet

After a long flight through deep space, a European Space Agency probe is finally approaching its target -- a comet millions of kilometers away from earth. Scientists say the mission may lead to some startling discoveries about the origins of the water on earth. VOA’s George Putic has more.
Video

Video Young Africans Arrive in US for Leadership Program

President Barack Obama's Young African Leadership Initiative has brought hundreds of young Africans to the United States for a six-week program aimed at building their knowledge and skills in fields such as public administration and business. Out of the 50,000 young Africans who applied for the program, just one percent was accepted. VOA's Laurel Bowman caught up with some of those who made the cut and has this report.
Video

Video In Honduras, Amnesty Rumors Fuel US Migration Surges

False rumors in Central America are fueling the current surge of undocumented young people being apprehended at the U.S. border. The inaccurate claims suggest the U.S. will give amnesty to young migrants from the region. As VOA's Brian Padden reports from Honduras, these rumors trace back to President Obama's 2012 executive order to halt deportations for some young undocumented immigrants already living in the United States.
Video

Video Students in Business for Themselves

They're only high school students, but they are making accessories for shoes, fabricating backpacks and doing product photography - all through their own businesses. It's the result of a partnership between a non-profit organization that teaches entrepreneurship and their schools. VOA's Mike O'Sullivan and Deyane Moses met the budding entrepreneurs near Los Angeles.
Video

Video Astronauts Train in Underwater Lab

In the world’s only underwater laboratory, four U.S. astronauts train for a planned visit to an asteroid. The lab - called Aquarius- is located five kilometers off Key Largo, in southern Florida. Living in close quarters and making excursions only into the surrounding ocean, they try to simulate the daily routine of a crew that will someday travel to collect samples of a rock orbiting far away from earth. VOA’s George Putic has more.

AppleAndroid