Report: Iran using front companies to circumvent sanctions

By JPOST.COM STAFF
May 11, 2011 06:06

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user uxperience almost completely free of ads
  • Access to our Premium Section and our monthly magazine to learn Hebrew, Ivrit
  • Content from the award-winning Jerusalem Repor
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

Iran continues to use front companies, financial transactions and concealed shipping methods to skirt around sanctions, but the bans have been successful in slowing down the country's nuclear and ballistic missile programs, AP reported quoting a UN report.

The report's authors said sanctions have made it more difficult, costlier and riskier for Iran to obtain items need for its nuclear and missile activities.

"At the same time, Iran's circumvention of sanctions across all areas, in particular the use of front companies, concealment methods in shipping, financial transactions and the transfer of conventional arms and related materiel is willful," AP quoted the panel as saying in the report.

"Iran maintains its uranium enrichment and heavy water related activities ... and in the area of ballistic missiles, continues to test missiles and engage in prohibited procurement." R

Related Content

Breaking news
July 23, 2018
Report: Shots fired at IDF forces near Ein Hashlosha

By JERUSALEM POST STAFF