US cracks down on companies evading Iran sanctions - InfoNews

Current Conditions

Partly Cloudy

US cracks down on companies evading Iran sanctions

Secretary of State John Kerry walks to a closed-door briefing with Senators on the recent agreement reached between Iran and western powers on Iran's nuclear program, Wednesday, Dec. 11, 2013, on Capitol Hill in Washington. (AP Photo/Susan Walsh)
December 12, 2013 - 5:59 AM

WASHINGTON - The Obama administration is targeting several companies and individuals for evading international sanctions against Iran and for providing support for Iran's nuclear program.

The Treasury and State departments announced Thursday they are freezing assets and banning transactions of entities they say are involved in the proliferation of material used for making weapons of mass destruction — and who are attempting to evade sanctions.

The U.S. and five other world powers recently signed a first-step agreement with Iran that is aimed at halting any progress by Tehran toward developing a nuclear weapon. U.S. lawmakers want to stiffen economic sanctions against Iran itself, but the administration is asking Congress to give diplomacy a chance to reach a comprehensive agreement with Iran.

News from © The Associated Press, 2013
The Associated Press

  • Popular penticton News
  • Comments
  • Pier 1 closing all of its stores in Canada
    Pier 1 Imports, Inc. announced today that it has entered into bankruptcy protection and is pursuing a sale. The retailer  commenced voluntary Chapter 11 proceedings in the U.S. Bankrupt
  • Vernon's Atlantis waterpark gets a new name
    A popular Vernon waterpark is starting its transformation with a new name. Formerly known as Atlantis Waterslides, the waterpark, located north of the city along Highway 97, has been renamed
  • Killing of 7-year-old girl stokes anger in Mexico
    MEXICO CITY - The killing of a 7-year-old girl on the southern outskirts of Mexico City has stoked rising anger over brutal slayings of women, including one found stabbed to death and skinned earl
  • Mammoth's tooth found in Williams Lake and preserved for decades by B.C. family
    What was once part of a mammoth-sized smile now is a very old conversation starter in Bryan Johnson's Vancouver home. Johnson's stepfather found a mammoth tooth in a creek at the sou
  • Vernon family captures mesmerizing melting ice
    A Vernon family was on their way home from Kelowna when they made a pit stop after noticing a beautiful scene along Wood Lake. Matthew Royal and his daughters noticed how “cool”
View Site in: Desktop | Mobile