New Jersey Says no to Business with Iran
January 4, 2008 by pulkit
The state of New Jersey has joined California and Florida in the list of state which bar any investments in international companies that ply their trade in Iran, or directly or indirectly have business links with Iran. The law specifically prohibits any investment from the state pension fund, which is worth $80 billion, in businesses having a trade-nexus with Iran. The bill was ratified on Friday.
The commercial isolation of Iran will only be complete when other nations take similar measures. It is important to suffocate the Mullah regime and this can be accomplished when all nations cohesively and comprehensively boycott it.
New Jersey announced Friday it will prohibit state pension money from being invested in companies that do business in Iran. [source]
