US imposes sanctions on 5 Iranian companies

The Bush administration has imposed economic sanctions on five Iranian companies that it has accused of helping Iran pursue what the United States considers the Islamic Republic's ambitions to develop a nuclear weapon. The Treasury Department announced Tuesday that it was freezing any assets the five companies might have in the United States and prohibiting American individuals and companies from having dealings with the five. The five companies are the Nuclear Research Center for Agriculture and Medicine, the Esfahan Nuclear Fuel Research and Production Center, Jabber Ibn Hayan, the Safety Procurement Co. and Joza Industrial Co.