UANI Applauds U.S. Treasury Department for Taking Action Regarding Dubai’s Noor Islamic Bank

FOR IMMEDIATE RELEASE March 1, 2012 Contact: Nathan Carleton, press@uani.com Phone: (212) 554-3296 UANI Applauds U.S. Treasury Department for Taking Action Regarding Dubai's Noor Islamic Bank New York, NY - United Against Nuclear Iran (UANI) President, Ambassador Mark D. Wallace, issued the following statement today regarding the news that Dubai's Noor Islamic Bank has stopped doing business with Iranian banks: We applaud the US Treasury Department for taking this action with Bank Noor. International sanctions on Iran are restricting the regime's ability to transact through financial institutions. Responsible countries must comply with the international banking blockade on Iran. With this action Iran will no longer have a Dubai-based banking work-around. According to the Wall Street Journal, Noor closed an operation "characterized as Iran's single-largest channel for repatriating foreign-currency oil receipts--facilitating as much as 60% of Iran's foreign oil sales by late last year..." ### 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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