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Senators Want To Punish Nokia, Siemens Over Iran 392

fast66 writes "After hearing about Nokia-Siemens sale of Internet-monitoring software to Iran, US Senators Schumer and Graham want to bar them from receiving federal contracts. They planned the action after hearing about a joint venture of Nokia Corp. of Finland and Siemens AG of Germany that sold a sophisticated Internet-monitoring system to Iran in 2008. According to Nextgov.com, Schumer and Graham's bill would require the Obama administration to identify foreign companies that export sensitive technology to Iran and ban them from bidding on federal contracts, or renew expiring ones, unless they first stop exports to Iran."

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