Thursday, May 5, 2016

UANI Chairman Senator Joseph Lieberman Details UANI's International Iran Business Risk Campaign on CNBC's Power Lunch

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For Immediate Release
May 5, 2016
Contact:
press@uani.com
UANI Chairman Senator Joseph Lieberman Details UANI's International Iran Business Risk Campaign on CNBC's Power Lunch
Senator Lieberman: "It's not a good or safe place to be doing business."

UANI Chairman Senator Joseph Lieberman on CNBC's Power Lunch

New York, NY - United Against Nuclear Iran (UANI) Chairman Senator Joseph I. Lieberman appeared on CNBC's Power Lunch May 4 to discuss UANI's international Iran business risk campaign.
Senator Lieberman stated, "Our message to companies is it's still very risky business to do business in Iran. It's not open season. There are still sanctions against Iran because of the support of terrorism, because of the denial of human rights. And there are still risks in Iran of kidnapping and hostage-taking which have occurred. There are also reputational risks for any business that goes in because of the anti-women's right, anti-gay rights, anti-political freedom."

In terms of corporations considering Iran business that UANI has communicated with, Senator Lieberman noted, "General Electric is one. Bombardier and [Fiat] Chrysler. We're saying, 'Do you really want to do business in this country and therefore help a government that is supporting terrorism, killing people and repressing the human rights of their own people?'"

In terms of Iran's conduct since the nuclear deal, Senator Lieberman commented, "So there's no indication that post-Iran nuclear agreement, this radical expansionist terroristic administration in Tehran has changed. If I thought doing business here would change it, I would say go right ahead. What I think is the Iranians have to take the first step. They have to show they really have changed."
The Senator concluded the interview on CNBC by cautioning:

... really what we're saying is it's risky business to do business in Iran now because you could be slapped with other sanctions that still are part of the law. You could hurt your reputation and your workers and executives could be kidnapped and held hostage. It's not a good or safe place to be doing business. Incidentally the most significant reaction to our campaign so far has been by European banks who have not followed their company's rushing for gold in Iran because they don't want to afoul of the continuing US sanctions laws which could deprive them of access to the US banking system which they obviously prefer to the relatively small Iranian economy.
The May 2 print edition of the Financial Times (FT) profiled UANI's launch of an international campaign to discourage companies from doing business in Iran, "warning that they could fall foul of remaining sanctions."

UANI will use a mixture of paid advertisements in newspapers and on social media, public letters, op-eds, and letters to the editor "to put pressure on multinationals that have either returned to Iran since the deal or are thinking of doing so." UANI will be sending hundreds of these corporate demand letters over the next months, and has already sent dozens of them to corporations such as General Electric, Fiat Chrysler, Siemens, Bombardier and Maersk, as well as major South Korean companies.

This week, UANI sent a delegation to the Europe-Iran Forum in Zurich, Switzerland to raise awareness of the risks of pursuing business in Iran, and also had full-page notices on Iran business risks published in Korean in Wall Street Journal Asia and in Germany's Frankfurter Allgemeine Zeitung, as those two countries sent trade delegations to Iran.

Click here to view the video of Senator Lieberman of CNBC's Power Lunch.

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About UANI

UANI is an independent, not-for-profit, non-partisan, advocacy group founded in 2008 by Ambassador Mark D. Wallace, Ambassador Richard Holbrooke, former CIA Director Jim Woolsey, and Middle East Expert Ambassador Dennis Ross, that seeks to heighten awareness of the danger the Iranian regime poses to the world.
 

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.
United Against Nuclear Iran, PO Box 1028, New York, NY 10185

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