March 15, 2007

New sanctions against Iran


Six world powers agreed Thursday on a package of new sanctions against Iran that include an embargo on arms exports and financial restrictions on more individuals and companies associated with Tehran's nuclear and missile programs, many linked to Iran's Revolutionary Guards.
The governments of the five permanent Security Council nations — the United States, Russia, China, Britain and France — and Germany gave a green light to the draft resolution hammered out by their ambassadors. It will be presented to the 10 non-permanent Security Council nations.
The text includes a ban on Iranian arms exports, an assets freeze on individuals and firms involved in Tehran's nuclear and ballistic missile programs and a call to nations and institutions to bar new grants or loans.
The modest package of new measures in the new draft would freeze the assets of 10 additional individuals and eight additional entities.
The agreement will be a strong signal of the unity of the five nations on the U.N.'s most powerful body and a sign that they want to send a united message to Iran to suspend uranium enrichment.

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