For Immediate Release
June 23, 2016
Contact: press@uani.com
ICYMI: UANI Sparks Debate in India on Risks and Propriety of Doing Business in Iran
UANI Leadership Pens Op-ed and Conducts Interview in Indian Media
New York, NY - United Against Nuclear Iran (UANI), the non-profit, non-partisan organization dedicated to heightening awareness of the danger the Iranian regime poses to the world, has sparked a national debate in India on the risks and propriety of doing business in Iran. UANI is in the midst of a global education and awareness campaign focused on the corporate risks of doing business with Iran.
In a June 19 op-ed in The New Indian Express, UANI Chairman Sen. Joseph I. Lieberman warned that doing business with "Iran can create more problems for India than it can solve":
In Iran, business is routinely intertwined with terrorism. Therefore, if Indian companies sign deals with Tehran, they will be lending support to its belligerent behaviour... Pursuing business in Iran can also lead to losing out on more lucrative opportunities in countries that oppose its hegemonic policies. For instance, India has the choice to invest in the US, Britain, France, Germany, Japan, Saudi Arabia, Kuwait, UAE, other GCC countries, and allied countries with a combined GDP of over $32 trillion, or take a gamble on Iran's economy with a GDP of under $400 billion. There is a real risk that Indian companies investing in Iran will lose market share in some of these other countries. So, while Iran could help alleviate India's energy problems, there are better ways to solve those. Doing business with the regime can create even more problems for New Delhi-economically, diplomatically, and in terms of security.
In a June 10 interview in India's Hard News, UANI CEO Amb. Mark D. Wallace said:
UANI is aware of the economic and political links between Iran and India. UANI is also aware of similar ties between India, the US and numerous other countries in the region that feel threatened by Iranian aggression. I doubt it is in India's national interest to side with a state associated with terrorism, corruption and money laundering over a confederation of responsible state actors opposed to Iranian regional hegemony. Moreover, if India wants to oppose corruption and terrorism, it cannot at the same time embolden and reward a regime that is notoriously corrupt and also the world leading state sponsor of terrorism. Indian leaders should back up their rhetoric with action and use its ties and link to Iran to influence the regime to change its terrorist behaviour and corrupt business environment instead of prematurely rewarding Iran with Indian business.
A statement by Sen. Lieberman and Amb. Wallace regarding Indian Prime Minister Narendra Modi's visit to Iran on May 22-23 was featured widely in Indian media, including the Business Standard, India Today, DNA India, CNN-News18, and the Deccan Chronicle. UANI reminded Prime Minister Modi of his previous strong statements about fighting terrorism and corruption.
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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. |
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