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Wednesday, March 30, 2011

Hong Kong Passes Iran Sanctions Law, Freezes IRISL Assets

Hong Kong has passed laws to comply with UN sanctions against Iran. The new laws that went into effect last Friday include asset freezes on Islamic Republic of Iran Shipping Lines (IRISL) and its affiliates. The US had accused 20 shipping firms in the city of ties to IRISL and of fronting Iranian businesses involved in the country's nuclear and missile programs.

Hong Kong, a semi-autonomous Chinese territory, received Beijing's approval to pass the new laws.

"The administration took time to deliberate internally on how best to implement the new and expanded sanctions," the Hong Kong government said in a statement on Wednesday [AFP, 30 March].

9 comments:

  1. Good. The world will not put up with Amadinejad BS.

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  2. Ahmadi is gone in 24 months.whats gonna be ur excuse then 4 bein so anti Iranian?

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  3. Irrelevant

    almost all ships are reflagged and reregistered.. (why do you think it took so long to implement.)

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  4. This is great news!

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  5. times will come very soon usa lose the power of sea and china plus iran gain sea power that mean their would be no more bs from u.s to those country any more to pressure what so ever whant.

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  6. I often wonder what IR supporters are going to do when the IR is gone.

    Protip: The IR won't last forever (I promise you)

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  7. HK is sending all to X and it is relayed to Y costing point by forwarders are 7% more, so Iran pays in "their" national currencies from Private people in China and HK and Iran gets their goods from Port XY.

    If Israel wants to stop the world doing free trade, they have to start assassinating again

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  8. 3:53 Have nothing against Iranians... just sociopathic dictator terrorists causing havoc in the world because he believes it is his right to pave the way for some dude called the 12 imam. You don't think that's a little insane?

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  9. u don't believe their 12 imam thing and they dont believe ur holohoax thing.. u guys are quit...

    go get a life dude.

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