UANI Calls on the Kuwait and Gulf Link Holding Company to End Its Business in Iran

FOR IMMEDIATE RELEASE
October 19, 2010
Contact: Kimmie Lipscomb, [email protected]
Phone: (212) 554-3296

UANI Calls on the Kuwait and Gulf Link Holding Company to End Its Business in Iran 

New York, NY -  United Against Nuclear Iran (UANI) on Monday called on the Kuwait and Gulf Link Holding Company K.S.C. ("KGL") to follow the lead of responsible global corporations and end its business in Iran.  KGL's continued business dealings in Iran constitute a violation of U.S. law and, to the extent that relationship continues, KGL will no longer be eligible to receive contracts from the U.S. government.  KGL is listed on UANI's Iran Business Registry and has conducted business with the U.S. Department of Defense. 

In a letter to Ali E. Dashti, the Chairman of KGL Holding Company K.S.C., UANI President, Ambassador Mark D. Wallace wrote:

This letter is to inform the Kuwait and Gulf Link Holding Company K.S.C. ("KGL") that your continued business dealings in Iran constitute a violation of U.S. law and, to the extent that relationship continues, KGL will no longer be eligible to receive contracts from the U.S. government. 
 
United Against Nuclear Iran (UANI) calls upon KGL to follow the lead of responsible global corporations and cease doing business in Iran. 
 
The material assistance you have provided to Iran has facilitated Iran's pursuit of an illegal nuclear weapons program. Furthermore, the assistance you have provided fosters Iran's ability to oppress its own people and support terrorist entities in the region.

****

The activities of KGL are clearly encompassed by the provisions of CISADA.  KGL's joint venture with Iran's SSK Valfajr 8th Shipping Line Co. ("SSK Valfajr") appears to be a clear and flagrant violation. SSK Valfajr is an Iranian government-owned subsidiary of the Islamic Republic of Iran Shipping Lines Group (IRISL). 

****

 The net result of KGL's continued operations in Iran is that KGL is now prohibited from engaging in business with the U.S. government should this relationship continue. 

****

It is time for KGL to follow the lead of other responsible companies and stop putting short-term profits ahead of the lasting damage to not only your corporate image, but more importantly, to the people of Iran, and the international community.
 
Please let us hear from you by October 26, 2010 as to whether or not you will take action to end KGL's business in Iran. 


Click here to call on KGL to end its business with Iran.
Click here to read the full text of the letter to KGL.

# # #