UANI Applauds Switzerland's Hinduja Bank for Pulling Out of Iran

FOR IMMEDIATE RELEASE June 28, 2013  Contact: Nathan Carleton, press@uani.com  Phone: (212) 554-3296   UANI Applauds Switzerland's Hinduja Bank for Pulling Out of Iran New York, NY - Today, United Against Nuclear Iran (UANI) applauded Switzerland's Hinduja Bank for ending its business in Iran. On Wednesday, UANI launched its Switzerland Campaign, highlighting the extensive Iran business activities of Swiss firms, and the failure of the Swiss government to join the international community in implementing robust sanctions against the Iranian regime. This week, Hinduja Bank contacted UANI, and stated that it "has stopped engaging in any transactions connected in any manner with Iran or with any Iranian domiciled persons, entities or vessels." UANI applauds Hinduja for this responsible decision and will update its campaign accordingly. Said UANI CEO, Ambassador Mark D. Wallace: We applaud Hinduja for pulling out of Iran, and for informing us of its current status. No reputable bank, business, or person should be engaging in business with Iran at this time. We call on other Swiss entities to follow Hinduja's lead, and pull out of Iran. Those that remain in Iran are counteracting EU and U.S. sanctions, and are providing the Iranian regime with an economic lifeline to withstand international pressure on its illicit nuclear program. In a recent RealClearWorld.com Op-Ed, "Time for Switzerland to End Its Irresponsible Business With Iran," which was reported by leading Swiss newspaper Tages-Anzeiger, UANI CEO, Ambassador Mark D. Wallace called on Switzerland "to start behaving like a responsible member of the international community and enact the same measures that have been adopted by its European neighbors and international allies." Click here to learn more about UANI's Switzerland campaign. Click here to send a message to the Swiss government calling for tougher sanctions against Iran. Click here to read Ambassador Wallace's Op-Ed, "Time for Switzerland to End Its Irresponsible Business with Iran." Click here to read the Tages-Anzeiger article about the Op-Ed. ###  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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