Monday, October 15, 2012

European Union to impose new sanctions to prevent Irans production of nuke weapon

Middle East Star (ANI) Monday 15th October, 2012

The European Union is planning to impose a new round of sanctions on Iran to prevent the country's production of a nuclear weapon, says a report.

Sources close to the matter revealed that the EU members meeting in Luxembourg would rubber stamp a "tough package" of sanctions designed to hit Iran's gas, banking and shipping sectors.

The new measures will include a ban on all dealings between European and Iranian banks above a "relatively low" threshold, the Telegraph reports.

According to the paper, on the eve of the meeting, Guido Westerwelle, Germany's Foreign Minister, set a defiant tone, insisting that Europe must send a "clear signal to Tehran" that it will not tolerate its nuclear armament.

Westerwelle's statement disclosed a resolve among EU member states frustrated by Iran's uranium enrichment programme, which continues in the face of threatened military strikes and tightening economic sanctions. (ANI)

Source: http://www.middleeaststar.com/index.php/sid/210055191/scat/940f2bfd509e743b

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