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Main » 2010 » June » 22 » Companies violating Iran sanctions closed down in UAE
Companies violating Iran sanctions closed down in UAE
6:35 AM
The United Arab Emirates has closed down 40 international and local firms violating UN sanctions on Iran. These firms have been dealing with "dual-use and dangerous materials banned under UN resolutions and the nuclear non-proliferation treaty" middle-east-online.com quotes unnamed UAE official as saying. For years, Iran kept active trade ties with the one of seven emirates making up the UAE, Dubai, with the trade volume estimated at around 10 billion dollars per year, mostly of Iranian imports.
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