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March 08, 2010

U.S. Enriches Companies Defying Its Policy on Iran

The federal government has awarded more than $107 billion in contract payments, grants and other benefits over the past decade to foreign and multinational American companies while they were doing business in Iran, despite Washington’s efforts to discourage investment there, records show. That includes nearly $15 billion paid to companies that defied American sanctions law by making large investments that helped Iran develop its vast oil and gas reserves.
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Posted by Editor at March 8, 2010 01:34 AM


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