For Immediate Release
UANI
"Soured The Mood" at Inaugural Iran Investment Summit in
Singapore
Financial Times
Asia Runs UANI Full-Page Notice Warning Attendees of the Serious
Financial, Legal, and Reputational Risks of Business in Iran
New York, NY - United Against
Nuclear Iran (UANI)'s international campaign to warn
companies about the risks of doing business with the Iranian regime
"soured the mood" at the inaugural Iran Investment Summit
held in Singapore on October 26, according to television anchors
reporting on the event.
Ahead of the summit, UANI warned
attendees about the projects being showcased at the event that were
tied to sanctioned entities. On the day of the summit, UANI ran a
full-page advertisement in the Financial
Times Asia, outlining the business risks that
corporations, financial institutions, investors, and shareholders
would face in entering the Iranian market, specifically the risk of
engaging commercially with the Islamic Revolutionary Guard Corps
(IRGC), a sanctioned terrorist organization.
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Saheb Sadeghi is the Managing
Director of
Diplomat magazine and economy director of the
Iran newspaper.
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International business channel CNBC World
reported that UANI's warning to companies had "soured
the mood" at the gathering of major business leaders, in
addition to featuring two other
reports on UANI's impact on the summit. Agence France-Press
(AFP) featured
UANI's campaign and quoted UANI CEO Ambassador Mark D. Wallace:
"Any international company doing business in Iran could find
itself inadvertently supporting terrorism -- from Hamas and Islamic
Jihad to Hezbollah and the Houthis in Yemen." AFP's
Arabic service also covered UANI's
role at the summit.
Tehran was also watching. Mehr
News Agency and Iran, the
official daily newspaper of the Iranian government, reported
extensively on UANI's activities in Singapore. Leading Iranian
reporters also tweeted
about the organization's educational efforts at
the conference.
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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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