Unlimited Access. Try it Today! Your First 10 Days Always $0.99

Topics

Hyundai Motor Co.
22 companies are listed for alleged Iran ties, sanctions

The state Board of Public Works is expected to put 22 companies on notice Wednesday that they must show they are not investing in Iran's energy sector or be disqualified from doing business with the state. The companies are the first to be targeted under a law passed by the General Assembly this past spring. It is intended to throw whatever influence Maryland can muster behind international sanctions against the Islamic republic to discourage it from attempts to produce nuclear weapons. The legislation, proposed by the O'Malley administration, was passed unanimously by the House and Senate. It bars any person or company that invests $20 million or more in Iranian energy...

Loading

72°