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July 12, 2012

NJDC Hails Obama Administration’s New Sanctions against Those Aiding Iranian Missile Programs

Listed in: Other Foreign Policy, NJDC News, Press Releases

WASHINGTON, DC- The National Jewish Democratic Council today hailed the Obama Administration’s announcement of new sanctions targeted at companies and individuals that aid Iran’s development of ballistic missiles and nuclear weapons. NJDC Chair Marc R. Stanley and President and CEO David A. Harris said jointly:

“Today’s announcement by the Obama Administration of new sanctions targeted at companies and individuals assisting with Iran’s nuclear and ballistic missile programs is another important step toward stopping Iran’s nuclear weapons program. President Barack Obama has proven yet again that he and his Administration are firmly committed to stopping Iran’s nuclear weapons program through responsible measures that unite the global community against Iran’s belligerent behavior. Preventing a nuclear-armed Iran has been a cornerstone of this President’s foreign policy and NJDC commends President Obama and his Administration for their decisive actions today.”

The Associated Press reported this afternoon:

The Obama administration is hitting Iran with more sanctions designed to hinder the country’s nuclear and ballistic missile programs.

The Treasury Department announced new financial sanctions Thursday. They’ve been imposed on 11 companies affiliated with the Iranian defense ministry, Revolutionary Guard Corps and national shipping line as well as a university, all for actions they took to support the programs.

Treasury is also slapping penalties on four men, including an Austrian national and three Iranians, for similar activity. Several of the firms are subject to existing U.S. and European sanctions.