BREAKING NEWS

New law sanctions businesses dealings with Iran

JULY 25, 2012 12:59

Any corporation doing business with Iran, directly or indirectly, will face sanctions, according to a law passed by the Knesset on Monday.

The bill passed its third and final reading with 47 in favor and three opposed.

“We need to work so these sanctions have a chance to fulfill their goal, so we can avoid using force against Iran,” Knesset Foreign Affairs and Defense Committee chairman Ronnie Bar-On (Kadima) said in the plenum.

Bar-On scolded Hadash MKs Dov Henin and Mohammed Barakeh for saying the bill represents “voices of war,” explaining that war is exactly what the legislation is meant to prevent.

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