Tuesday, February 20, 2018

General McMaster's Iran Divestment Comments Are Stark Warning to Businesses





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FOR IMMEDIATE RELEASE
FEBRUARY 20, 2018
press@uani.com
                                       
General McMaster's Iran Divestment Comments Are Stark Warning To Businesses

"You Might As Well Cut the [IRGC] a Check and Say, 'Please Use This to Commit More Murder across the Middle East'"

(New York, NY) - United Against Nuclear Iran (UANI) CEO Ambassador Mark D. Wallace today released the following statement regarding National Security Advisor Lt. Gen. H.R. McMaster's recent appeal to North Atlantic Treaty Organization (NATO) allies to cut off funding to terrorist entities in Iran, such as the Islamic Revolutionary Guard Corps (IRGC), by avoiding business with the rogue regime:

"We fully support General H.R. McMaster's call for businesses to comprehend the risks of engaging with Iran," Wallace said. "Beyond the serious legal, political, financial and reputational risks, no business can be assured that by doing business with Iran, they are not engaging with the IRGC, which was recently sanctioned by the Trump Administration for its support of terrorist activities. With the IRGC immeasurably engaged in Iran's economy, businesses that choose to enter Iran run the risk of supporting an organization that actively finances and carries out terrorist activity in the Middle East and across the globe. It's well past time that the U.S. government designates the Qods Force - the IRGC's foreign expeditionary arm - as a foreign terrorist organization (FTO). Such a step will provide Washington with additional leverage as international firms would be subject to additional criminal penalties, including providing material support to the Qods Force," added Wallace.

Since the implementation of the Joint Comprehensive Plan of Action in 2015, UANI has urged businesses in the U.S. and around the globe not to enter the Iranian market. As part of this effort, UANI recently unveiled its Iran Risk Snapshot, a set of 27 financial, legal and sociopolitical indices from leading ratings organizations that analyze the risks of doing business with the regime in Tehran. Unsurprisingly, among these indices, Iran consistently ranks at or near the bottom.

Speaking to NATO allies in Munich, National Security Advisor Lt. Gen. H.R. McMaster said, "When you invest in Iran, you're investing in the IRGC. You might as well cut the Islamic Revolutionary Guard Corps a check and say, 'Please use this to commit more murder across the Middle East.' ... And when we look at the biggest trading partners with Iran, we of course see Russia, we see China. But we also see Japan, South Korea and Germany. It's time to focus business intelligence efforts to figure out who we are really doing business with, and cut off funding." (Defense News, 2/18/18)



For more information, or to speak with UANI leadership, please contact: press@uani.com.


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United Against Nuclear Iran (UANI) is a global advocacy group whose mission is to highlight the danger of the Iranian regime to the international community. UANI was founded in 2008 by Ambassador Mark D. Wallace, the late Ambassaor Richard Holbrooke, and Middle East expert Ambassador Dennis Ross, and is led by a diverse Advisory Board of policy experts and former government officials. UANI works to ensure the economic and diplomatic isolation of the Iranian regime in order to compel Iran to abandon its illegal nuclear weapons program, support for terrorism, and human rights violations. To learn more about UANI, please visit: https://www.unitedagainstnucleariran.com/

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