UANI Applauds State of California for Pressuring ABB to End Its Oil and Gas Business in Iran

FOR IMMEDIATE RELEASE July 7, 2011 Contact: Nathan Carleton, press@uani.com Phone: (212) 554-3296 UANI Applauds State of California for Pressuring ABB to End Its Oil and Gas Business in Iran New York, NY - United Against Nuclear Iran (UANI) on Thursday applauded the State of California for pressuring ABB, a Swiss-based Fortune 500 engineering firm, to end its oil and gas business in Iran. As the Financial Times reported last week, the State of California recently contacted ABB concerning its business in Iran. California officials have been enforcing the 2010 Iran Contracting Act this year by threatening to bar companies which do business in Iran from receiving state contracts. ABB contacted UANI in June regarding its listing on UANI's Iran Business Registry. ABB told UANI that it had "decided to complete its exit from all business in the oil and gas sector in Iran by the end of September 2011." Said UANI President, Ambassador Mark D. Wallace: UANI applauds the State of California for enforcing its Iran Contracting Act legislation, resulting in ABB's subsequent withdrawal from Iran's oil and gas sector. This major decision by ABB, a Fortune 500 corporation, shows that states can make a big difference by compelling contractors to make a choice between doing business in America and in Iran. ABB should end all of its business in Iran, and send a strong message to Iran's regime. UANI hopes to work with more states to debar those state contractors that continue to work in Iran. Click here to read the Financial Times article "California tightens screw on trade with Iran." Click here to read ABB's announcement on its business with Iran. Click here to see UANI's model legislation page. ### United Against Nuclear Iran (UANI) is a program of the American Coalition Against Nuclear Iran, Inc., a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code. The prospect of a nuclear-armed Iran should concern every American and be unacceptable to the community of nations. Since 1979 the Iranian regime, most recently under President Mahmoud Ahmadinejad's leadership, has demonstrated increasingly threatening behavior and rhetoric toward the US and the West. Iran continues to defy the International Atomic Energy Agency (IAEA) and the United Nations in their attempts to monitor its nuclear activities. A number of Arab states have warned that Iran's development of nuclear weapons poses a threat to Middle East stability and could provoke a regional nuclear arms race. In short, the prospect of a nuclear armed Iran is a danger to world peace. United Against Nuclear Iran (UANI) is a non-partisan, broad-based coalition that is united in a commitment to prevent Iran from fulfilling its ambition to become a regional super-power possessing nuclear weapons. UANI is an issue-based coalition in which each coalition member will have its own interests as well as the collective goal of advancing an Iran free of nuclear weapons. The Objectives of United Against a Nuclear Iran Inform the public about the nature of the Iranian regime, including its desire and intent to possess nuclear weapons, as well as Iran's role as a state sponsor of global terrorism, and a major violator of human rights at home and abroad; Heighten awareness nationally and internationally about the danger that a nuclear armed Iran poses to the region and the world; Mobilize public support, utilize media outreach, and persuade our elected leaders to voice a robust and united American opposition to a nuclear Iran; Lay the groundwork for effective US policies in coordination with European and other allies; Persuade the regime in Tehran to desist from its quest for nuclear weapons, while striving not to punish the Iranian people, and; Promote efforts that focus on vigorous national and international, social, economic, political and diplomatic measures. UANI is led by an advisory board of outstanding national figures representing all sectors of our country.

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