Ambassador Wallace said the IRISL’s statement confirms that economic pressure and international sanctions are having a tangible and debilitating effect on Iran’s shipping industry and the regime with the number of vessels calling at Iranian ports having dived by more than half this year.
By ending the provision of insurance, compelling global classification societies to stop certifying and pressuring countries to stop reflagging Iranian vessels and sanctioning the supply of spare parts for Iranian tankers, UANI and the international community have made it increasingly difficult for the Iranian regime to export oil, access international trade markets, and ship weapons to its supporters in the region.
“The international community must now pressure the regime even further, and demonstrate that it will face economic collapse unless it gives up its nuclear weapons programme. The US and EU should adopt measures barring vessels that dock in Iran or transport Iranian cargo from ports in the US or EU. We also call on all countries worldwide to refuse to reflag Iranian vessels.
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