New EU sanc­tions go af­ter Iran’s trade, trans­port, banks

Austin American-Statesman - - TUESDAYBRIEFING -

BRUS­SELS — The Euro­pean Union and Canada on Mon­day adopted new sanc­tions against Iran, tar­get­ing the coun­try’s for­eign trade, bank­ing and en­ergy sec­tors.

The moves are the lat­est in a se­ries of mea­sures taken by the in­ter­na­tional com­mu­nity in an ef­fort to halt Iran’s nu­clear pro­gram. The EU’s mea­sures, which lead­ers agreed to in prin­ci­ple in June, also black­list Iran’s ship­ping and air cargo com­pa­nies.

In Tehran, Ira­nian For­eign Min­istry spokesman Ramin Mehman­parast de­nounced the de­ci­sion.

“Mov­ing to­ward con­fronta­tional mea­sures and sup­port­ing uni­lat­eral ac­tions and dam­ag­ing the at­mos­phere are not con­sid­ered by us to be a good use of the op­por­tu­nity,” Mehman­parast said, ac­cord­ing to the state TV net­work’s web­site.

Iran de­nies that it is work­ing on a nu­clear weapon, say­ing its pro­gram is solely for peace­ful pur­poses such as en­ergy gen­er­a­tion.

EU for­eign min­is­ters in Brus­sels called the re­stric­tions a “com­pre­hen­sive and ro­bust pack­age” fo­cused on trade, fi­nan­cial ser­vices, en­ergy, and trans­port, with visa bans and as­set freezes for Ira­nian banks, the Is­lamic Rev­o­lu­tion­ary Guard Corps and the Is­lamic Re­pub­lic of Iran Ship­ping Lines.

The min­is­ters also backed a call to Tehran to re­sume mean­ing­ful ne­go­ti­a­tions. The EU’s new mea­sures will come into force in a few weeks, af­ter they are pub­lished in the bloc’s of­fi­cial gazette, of­fi­cials said.

U.S. Sec­re­tary of State Hil­lary Clin­ton and Trea­sury Sec­re­tary Ti­mothy Gei­th­ner wel­comed the an­nounce­ments. The re­stric­tions come on top of a fourth round of sanc­tions im­posed last month by the U.N. Se­cu­rity Coun­cil and are sim­i­lar to ones adopted by the U.S.

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.