07-28-2006, 03:08 AM
<b>US sanctions two India firms for transfers to Iran</b><!--QuoteBegin-->QUOTE<!--QuoteEBegin-->WASHINGTON (Reuters) - The Bush administration has decided to impose sanctions on two Indian firms for missile-related transactions with Iran, U.S. officials told Reuters on Thursday.
The disclosure came hours after the U.S. House of Representatives late Wednesday overwhelmingly agreed the United States should sell nuclear technology to India and rejected a move by critics to delay the vote over concerns New Delhi had not sufficiently aided U.S. efforts to contain Iran.
Under terms of the U.S. Iran-Syria Non-proliferation Act, "we are going to report to Congress about transactions by two private Indian companies with Iran," one official said.
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The disclosure came hours after the U.S. House of Representatives late Wednesday overwhelmingly agreed the United States should sell nuclear technology to India and rejected a move by critics to delay the vote over concerns New Delhi had not sufficiently aided U.S. efforts to contain Iran.
Under terms of the U.S. Iran-Syria Non-proliferation Act, "we are going to report to Congress about transactions by two private Indian companies with Iran," one official said.
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