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RIA Novosti

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EU foreign ministers agree on extra sanctions against Iran - paper

Topic: Iran's nuclear program

EU foreign ministers agree on extra sanctions against Iran
15:54 15/06/2010

European Union foreign ministers have agreed on a new package of EU sanctions against Iran over its nuclear program, Belgium's Le Soir newspaper reported on Tuesday.

The sanctions, separate from those approved by the United Nations Security Council last week, will be discussed at the EU summit on June 17.

The UN Security Council voted last Wednesday in favor of a fourth round of sanctions against Iran for failing to halt its uranium enrichment program.

The UN sanctions include tougher financial controls and an expanded arms embargo, as well as an asset ban and a travel freeze on more than three dozen companies and individuals.

Russia's Foreign Ministry warned after the Security Council resolution was adopted that any additional sanctions affecting Russian companies or individuals would bring a response from Moscow.

According to the newspaper, the EU sanctions will include a freeze on investment in Iran's oil and gas sector, a ban on technology and equipment transfer, as well as providing specialized services.

The sanctions are also expected to ban exporting to Iran goods that may be used to produce weapons.

They will also introduce new visa restrictions and freeze bank accounts belonging to the Iranian Revolutionary Guard Corps. They may also prohibit Iranian banks from all activities in the EU, and Iran's IRISL freight carrier from entering the EU waters.

BRUSSELS, June 15 (RIA Novosti)

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RIA NovostiEU foreign ministers agree on extra sanctions against IranEU foreign ministers agree on extra sanctions against Iran - paper

15:54 15/06/2010 European Union foreign ministers have agreed on a new package of EU sanctions against Iran over its nuclear program, Belgium's Le Soir newspaper reported on Tuesday>>

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