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NJ Gov. Imposes New Iran Sanctions

NJ Gov. Christie signed into law new sanctions against Iran that prohibit public contracts with any company or person who invests in Iran.
By Rachel Hirshfeld
First Publish: 8/2/2012, 3:58 PM

NJ Gov. Christie
NJ Gov. Christie
Reuters

New Jersey Gov. Chris Christie signed into law new sanctions against Iran that prohibit public contracts with any company or person who invests in Iran’s energy and finance sectors.

Christie said he supported the legislation in an effort to further curtail “Iran’s continued pursuit of an illicit nuclear program and unconventional weapons development, support for international terrorism and continued threat to the state of Israel.”

“The threat that Iran’s enrichment program poses to the prospect of long-term stability in the Middle East cannot be understated,” said Assemblyman John F. McKeon (D-Essex/Morris).

“One of the greatest things we can do for our ally Israel is to use the resources within our power to pressure those who would threaten its security, Iran being chief among them right now. This law helps deny Iran the ability to support acts of international terrorism or to fund the development and acquisition of weapons of mass destruction,” McKeon said.

The law, which follows the direction of the July 2010 Comprehensive Iran Sanctions, Accountability, and Divestment Act signed into law by President Obama, expressly authorizes states and local governments to prevent investment in companies operating in Iran.

“With this law, the State of New Jersey is bolstering the United States government’s stand in support of the rights of the people of Iran and against the dictatorial regime and the economy on which it relies,” according to a statement released by Christie’s office.

State Senate President Stephen Sweeney, a Democrat who signed on as a prime sponsor of the legislation, asserted that, “New Jersey’s message remains strong and clear: Until Iran confirms that it will curtail its nuclear ambitions and join in the pursuit of peace, we will continue to act forcefully to meet the danger that a nuclear Iran poses to everyone."