UANI Applauds Finmeccanica for Committing to Forgo Iran Business
FOR IMMEDIATE RELEASE
June 10, 2014
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New York, NY - On Monday, United Against Nuclear Iran (UANI) applauded Italian industrial conglomerate and major U.S. defense contractor Finmeccanica for affirming its commitment to stay clear of all Iran business.
In February 2014, Finmeccanica subsidiary FATA reportedly visited Tehran to discuss new projects within Iran's mining and metals sectors. According to reports, FATA executives met with the Iran Mines & Mining Industries Development and Renovation Organization (IMIDRO) and its CEO, Mehdi Karbasian. FATA's meetings were reportedly part of an Italian trade delegation visit to Iran led by the chairman of the Italy-Iran Chamber of Commerce.
In response to UANI's inquiries expressing concern about FATA's reported plans to expand its business with the sanctioned entity IMIDRO and in Iran's sanctioned metals sector, Finmeccanica informed UANI that "FATA has no ongoing projects or negotiations in Iran..." Additionally, a Finmeccanica official stated in correspondence to UANI "that Finmeccanica and its subsidiaries have no activities in place in Iran and that no Iranian entities are owned or controlled by Finmeccanica."
Said UANI CEO, Ambassador Mark D. Wallace, today:
Click here to read UANI's March 31 letter to Finmeccanica.
Click here to read UANI's April 15 letter to Finmeccanica.
Click here to learn more about UANI's Italy Trade Delegation Campaign.
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