U.S. imposes sanctions on Greek businessman over Iran tradeMarch 15, 2013 - 11:47 AMT PanARMENIAN.Net - The U.S. Treasury Department imposed sanctions on a Greek businessman, saying he helped Iran evade sanctions by purchasing oil tankers and disguising their cargoes, Bloomberg reported. Dimitris Cambis, president of Impire Shipping Ltd., will have his assets in the U.S. blocked, the Treasury said in a statement. Cambis used Impire Shipping and other front companies to buy eight tankers capable of carrying $200 million- worth of oil per shipment and use them to load Iranian crude from the country’s own ships, the department said. “These are very bad rumors created by our competitors because we are trying to take market share and they don’t like it,” Cambis said by phone from his office in Athens. He said he was unaware of the sanctions against him. The U.S. and allies are trying to curb Iran’s oil exports, the country’s largest source of revenue, to pressure the government in Tehran to stop enriching uranium. Negotiators will meet in Kazakhstan next month to discuss steps toward an agreement on Iran’s nuclear program, which the country says is for civilian use while Western leaders suspect military intent. Top stories Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". Partner news | SBP instant transfers now available from 190 Russian banks to Armenia To receive money from Russian banks, easywallet users need to go to their easywallet accounts. Armenia's Davit Chaloyan qualifies for Paris Olympics The Armenian boxer qualified for Paris Olympics after a series of successful bouts at the 2nd World Qualification Tournament. Lemkin Institute urges Armenia to respect people’s right to dissent The Lemkin Institute has urged the Armenian government to respect people’s fundamental human right to express their dissent. French-Armenian journalist returns to France after 41-day hunger strike Nicolian said on social media on Sunday, June 2 that he needs to improve his health in order to “continue the fight”. |