ABB listed by SEC over business with 'rogue states' 07.01.07, 10:30 AM ET
ZURICH (Thomson Financial) - Syngenta AG, ABB Ltd and Credit Suisse Group have been listed by the US stock exchange commission SEC among a number of international corporations that entertain business ties with 'rogue states', including Syria, North Korea, Cuba, Iran and Sudan, Swiss Sunday paper SonntagsZeitung reported.
'We are being punished for our transparency,' the newspaper cited a Syngenta (nyse: SYT - news - people ) spokesman as saying.
However, the agribusiness firm has no plans to change its business policy, he added.
A spokesman for engineering firm ABB (nyse: ABB - news - people ) said that the company may re-think its business relations with Iran should US sanction policy change.
According to a Credit Suisse spokesman, it has been the bank's policy since 2005 not to enter into new business relations with clients from the five countries.
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