US sanctions on Iran likely to focus on finances[Iran Nuclear Crisis]
www.chinaview.cn 2006-09-11 05:48:48

Special report: Iran Nuclear Crisis

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    WASHINGTON, Sept. 10 (Xinhua) -- The United States is likely to have sanctions on Iran to focus on cutting Tehran's

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access to international finances, Secretary of State Condoleezza Rice said on Sunday.

    Speaking on CNN television, Rice said she was "quite, quite certain" that the UN Security Council will support the sanctions in light of Iran's refusal to suspend uranium enrichment as called for under a UN resolution adopted in July.

    The UN Security Council demands that Iran suspend its nuclear activities by Aug. 31. In its Resolution 1696, the Security Council for the first time makes legally binding demands on Iran and a threat of sanctions. Iran refuses to suspend its uranium enrichment.

    Rice said the sanctions, due to be discussed this week at the United Nations, would not aim to halt Iran's exports of oil. "We believe that the key here is, perhaps, on the financial side."

    "There are things that you can do to cut off financing to Iran's programs, to make clear to Iran that it will not be able to take advantage of the international financial system in the way it needs to be able to use those proceeds from oil," the secretary said. Enditem



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Editor: Luan Shanglin
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