Iran Imposes Sanctions on Elbit Systems
Tehran has imposed sanctions on 15 US companies over their alleged support for Israel. Iran’s sanctions are unlikely to have much impact on Elbit's business activity, yet there is a concern that other countries might follow suit
Ami Rojkes Dombe
| 26/03/2017
Photo: Elbit Systems
According to the Associated Press, Iran has imposed sanctions on 15 American companies over their alleged support for Israel, terrorism, and repression in the region. The companies are reportedly barred from any agreements with Iranian firms and that former and current directors will not be eligible for visas.
Iran’s sanctions are unlikely to have much impact on Elbit's business activity, but it is a move of protest that might be adopted by other countries hostile to Israel.
The move is seen as a response to US sanctions placed on dozens of Iranian entities in February following an Iranian missile test.
The companies include Bent Tal, United Technologies Products. ITT Corporation, Raytheon, Re/Max Real Estate, Magnum Research Inc., Oshkosh Corporation, Kahr Arms and Elbit Systems.
Furthermore, a senior Iranian lawmaker meanwhile said Iran would consider a bill branding the US military and the CIA as terrorist groups if the U.S. Congress passes a bill designating Iran’s Revolutionary Guard a terrorist organization.
Tehran has imposed sanctions on 15 US companies over their alleged support for Israel. Iran’s sanctions are unlikely to have much impact on Elbit's business activity, yet there is a concern that other countries might follow suit
Photo: Elbit Systems
According to the Associated Press, Iran has imposed sanctions on 15 American companies over their alleged support for Israel, terrorism, and repression in the region. The companies are reportedly barred from any agreements with Iranian firms and that former and current directors will not be eligible for visas.
Iran’s sanctions are unlikely to have much impact on Elbit's business activity, but it is a move of protest that might be adopted by other countries hostile to Israel.
The move is seen as a response to US sanctions placed on dozens of Iranian entities in February following an Iranian missile test.
The companies include Bent Tal, United Technologies Products. ITT Corporation, Raytheon, Re/Max Real Estate, Magnum Research Inc., Oshkosh Corporation, Kahr Arms and Elbit Systems.
Furthermore, a senior Iranian lawmaker meanwhile said Iran would consider a bill branding the US military and the CIA as terrorist groups if the U.S. Congress passes a bill designating Iran’s Revolutionary Guard a terrorist organization.
