Saturday, July 14, 2012

US slaps more sanctions on Iran

The United States unleashed a fresh wave of sanctions against Iran Thursday, ratcheting up pressure to convince Tehran to take seriously concerns about its suspected nuclear weapons program.
The actions impose additional sanctions on Iran's nuclear and ballistic missile proliferation networks and identify Iranian "front" companies and banks to assist in compliance, the Treasury Department said.
"The Treasury and State Department actions target more than 50 entities tied to Iran's procurement, petroleum, and shipping networks," the Treasury said.
David Cohen, the Treasury's under secretary for terrorism and financial intelligence, said the moves take "direct aim at disrupting Iran's nuclear and ballistic missile programs as well as its deceptive efforts to use front companies to sell and move its oil


Read More................. 

No comments:

Post a Comment