Iran to publish list of Israeli-linked companies to boycott

"Israelis run a global economic cartel that is constantly establishing new companies under new brands."

August 31, 2010 13:16
1 minute read.
FILE -- In a Feb. 11, 2008 file photo Iranian President Mahmoud Ahmadinejad, speaks during a rally t

Ahmadinejad 311. (photo credit: Associated Press)

Iran plans to publish a list of multi-national companies with Israeli links that will have sanctions applied against them, an Iranian official said, according to a Tuesday report by semi-official news agency Press TV.

Iran's Vice President for Parliamentary Affairs Mohammed-Reza Mir-Tajeddini said that the Israelis run a global economic cartel that is constantly establishing new companies under new brands that the list will expose and mark for embargo.

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The soon to be published list came about as the result of a bill passed by Iranian lawmakers in June calling for a an all encompassing boycott of Israeli companies and institutions. 

The bill also called for Iran's Foreign Ministry to use its influence to promote the boycott of Israeli goods abroad at international meetings, including he Organization of the Islamic Conference and the Non-Aligned Movement.

Iran's Central Bank governor called for a cut in imports to boost domestic production as the country grapples with tougher international sanctions over its nuclear program, the state-run daily newspaper Iran reported last week.

Four rounds of UN Security Council sanctions and separate penalties imposed by the United States and its European allies have hit Iran's economy as the country battles inflation and unemployment but have failed to persuade the country to halt a key part of its nuclear program.

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