Home Page | Photos | Video | Forum | Most Popular | Special Reports | Biz China Weekly
Make Us Your Home Page
World
Most Searched: Shinzo Abe   Barack Obama   Mali   Chavez   Egypt   

U.S. expands sanctions on Iran

English.news.cn   2013-02-07 07:49:57            
 • The Obama administration on Wednesday expanded the U.S. sanctions on Iran.
 • US will expand the scope of sanctionable transactions with the Central Bank of Iran.
 • The tightening restrictions exempt the sale of agricultural commodities, food, medicine to Iran.

 

WASHINGTON, Feb. 6 (Xinhua) -- The Obama administration on Wednesday expanded the U.S. sanctions on Iran by tightening up economic measures against the Islamic republic and adding more names to its blacklist.

Under key provisions of the Iran Threat Reduction and Syria Human Rights Act of 2012 that went into effect on Wednesday, the United States will expand the scope of sanctionable transactions with the Central Bank of Iran and other blacklisted Iranian financial institutions, with a view to limiting Iran's ability to use oil revenue held in foreign financial institutions and preventing repatriation of these funds to Iran.

"In addition to effectively 'locking up' Iranian oil revenue overseas, this provision sharply restricts Iran's use of this revenue for bilateral trade and severely limits Iran's ability to move funds across jurisdictions," the U.S. Department of the Treasury said in a statement.

However, the tightening restrictions exempt the sale of agricultural commodities, food, medicine or medical devices to Iran, the department said.

Washington and its European allies have announced additional measures against Iran's financial institutions and oil exports since late 2011 over Tehran's refusal to give up its uranium enrichment activities, which the West suspects are used to develop nuclear weapons.

On top of further moves against Iran's oil industry, the U.S. Treasury, along with the State Department, also blacklisted one Iranian national and four Iranian entities for their alleged involvement in the Iranian government's censorship activities.

"These censorship activities restrict the free flow of information in Iran and punish Iranian citizens who are attempting to exercise freedom of assembly and expression," Treasury stated.

Those blacklisted are the Islamic Republic of Iran Broadcasting and its director, Ezzatollah Zarghami, as well as the Iranian Cyber Police, Communications Regulatory Authority and Iran Electronics Industries.

The fresh sanctions came as Iran just agreed to hold new talks with the so-called P5+1 group, consisting of Britain, China, France, Russia, the United States and Germany, on Feb. 26 in Kazakhstan over its controversial nuclear program. Tehran insists that the program is for civilian purposes only.

The two sides held three rounds of talks last year, but failed to make any breakthrough.

"Our policy is clear -- so long as Iran continues to fail to address the concerns of the international community about its nuclear program, the U.S. will impose tighter sanctions and intensify the economic pressure against the Iranian regime," said David Cohen, the U.S. Treasury's under secretary for terrorism and financial intelligence.

Related:

Iran's nuclear sites impervious to any attack by U.S., Israel: commander

TEHRAN, Feb. 5 (Xinhua) -- A senior Iranian commander said that the nuclear facilities of the Islamic republic are impervious to any potential attack by the United State or Israel, Press TV reported on Tuesday.

"Today, we have achieved the defense capability to make vital infrastructure, especially nuclear installations, completely impenetrable," Deputy Commander of Iran's Khatam al-Anbia Air Defense Base General Shahrokh Shahram was quoted as saying on Monday.Full story

Iranian FM says "optimistic" on U.S. shifting approach to Iran

BERLIN, Feb. 4 (Xinhua) -- Iran's Foreign Minister Ali-Akbar Salehi said here on Monday he was "optimistic" that the new U.S. administration was shifting its approach to Iran.

Referring to U.S. Vice President Joe Biden's weekend proposal of bilateral dialogue between the two countries, Salehi believed it was a sign of change of the new U.S. administration's approach to Iran's disputed nuclear program.Full story

U.S. ready to talk with Iran: Biden

MUNICH, Germany, Feb. 2 (Xinhua) -- The United States is prepared to hold direct talks with Iran when the Iranian leadership is "serious", U.S. Vice President Joe Biden said on Saturday.

Speaking at the Munich Security Conference Saturday, Biden said that "we have made it clear at the outset that we would be prepared to meet bilaterally with the Iranian leadership," adding that the U.S. is "not just prepare to do it for the exercise."Full story

Editor: Lu Hui
分享
Related News
Home >> World            
Most Popular English Forum  
Top News  >>
Photos  >>
Video  >>
Top World News Latest News  
  Special Reports  >>
010020070750000000000000011102351321560331