EU imposes new sanctions on Iran

The European Union is imposing new sanctions against Iran in a bid to force the country to come clean about its nuclear programme

A meeting of EU foreign ministers imposed restrictive measures intended to hit the country's treasury and increase pressure on its Islamic regime headed by President Mahmoud Ahmadinejad.

Iran is still refusing to cooperate fully with the International Atomic Energy Agency regarding its nuclear programme, something which today’s Luxembourg meeting said was ‘acting in flagrant violation of its international obligations.’

Today's meeting approved 'additional restrictive measures in the financial, trade, energy and transport sectors' against Iran as well as imposing asset freezes and trade restrictions on more companies, notably those 'active in the oil and gas industry.'

German Foreign Minister Guido Westerwelle said the ministers had also banned the import of Iranian natural gas into EU nations.

Meanwhile a leading European satellite provider took 19 Iranian television and radio broadcasters off the air, a result of earlier sanctions which prompted accusations of censorship and threats to sue from Iranian state television.

The EU ministers also agreed to prohibit all transactions between EU and Iranian banks unless they were authorized in advance for humanitarian reasons.

They also tightened restrictions on the Central Bank of Iran and imposed more export restrictions ‘notably for graphite, metals, software for industrial purposes, as well as measures related to the shipbuilding industry.’

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