US tightens sanctions over Iran nuclear programme
Published: 12th Jul 2012 23:02:47
The United States says it has further tightened sanctions on Iran imposed in connection with its nuclear programme.
The US Treasury said it had blacklisted several companies and individuals that it believes are contributing to efforts to acquire nuclear weapons.
It also said it had identified several companies and banks acting as front organisations helping Iran to evade existing sanctions.
Iran insists its nuclear programme is purely for peaceful purposes.
"We will continue to ratchet up the pressure so long as Iran refuses to address the international community's well-founded concerns about its nuclear programme," US Treasury official David Cohen said.
He added that the latest steps were aimed at "disrupting Iran's nuclear and ballistic missile programmes, as well as its deceptive efforts to use front companies to sell and move its oil".
The blacklisting measures target 11 companies involved in Iran's nuclear and ballistic missiles programmes, and with links to the defence ministry, the Revolutionary Guards and the national shipping line, the rUS Treasury statement said.
They also covered four individuals said to be supporting Iran's nuclear programme, among them the commander of the Revolutionary Guards' navy, Ali Fadavi.
In addition, the Treasury identified four entities - Petro Suisse Intertrade, Hong Kong Intertrade, Noor Energy and Petro Energy Intertrade - as front companies used to enable evade sanctions on its oil exports.
All four were accused of being fronts for Iran's National Oil Company.
The US also identified 58 vessels of the National Iranian Tanker Company as owned by the Iranian government, in a move aimed at preventing Iran from circumventing oil sanctions by concealing its tankers.
The US and the European Union already have a wide range of sanctions in place aimed at putting pressure on Iran to make concessions on its nuclear programme.
Many of the steps are aimed at preventing Iran from selling its oil on the international market.
They include a US measure banning banks around the world from completing oil transactions with Iranian banks, as well as several sanctions targeting Iran's central banks.
In addition, the EU banned all imports of Iranian crude oil in July.
The latest round of talks between six world powers and Iran on Tehran nuclear programme, held in Moscow, ended without a breakthrough.
The so-called "P5+1" group - the permanent members of the UN Security Council and Germany - want Tehran to suspend the enrichment of uranium to a level of 20%, close down an underground enrichment facility near the city of Qom and export its stockpile of 20%-enriched uranium.
In return, the six said they were prepared to offer help with nuclear safety measures.
Iran demanded that the West lift its sanctions, including the EU oil embargo and the US measures against its central bank, as well as recognise its "non-negotiable" right to enrich uranium.
The two sides agreed to downgrade negotiations to a technical level before deciding on whether to hold further high-level talks.
Harvard CitationBBC News, 2012. US tightens sanctions over Iran nuclear programme. [Online] (Updated 12 Jul 2012)
Available at: http://www.ukwirednews.com/news.php/1440278-US-tightens-sanctions-over-Iran-nuclear-programme [Accessed 19th May 2013]
At 19:22:54 in HeadlinesUS diplomat Ryan Fogle, who was accused by Russia of being a spy, has left the country, Russian television reported....
At 19:17:42 in EnglandAn explosion has injured several people at a house in Nottinghamshire, with some thought to be trapped inside....
At 19:08:48 in BusinessYahoo's board has approved a deal to buy New York-based blogging service Tumblr for $1.1bn (£725m; 857m euros), US media reports say....
At 19:01:43 in EntertainmentRod Stewart has scored his first UK number one album for 34 years, going straight to the top with his LP, Time....
At 18:31:29 in HeadlinesScientists say the recent downturn in the rate of global warming will lead to lower temperature rises in the short-term....
The UK astronaut Tim Peake has been given a date to fly to the International Space Station (ISS)....
At 18:00:09 in Northern IrelandA stolen lorry trailer filled with illegal fuel waste has been dumped at the side of a road near Castlewellan. ...
At 17:58:38 in EnglandA blue plaque in tribute to comedy double act Eric Morecambe and Ernie Wise has been unveiled at the studio where much of their best work wa...
At 17:26:46 in WalesSwansea City fans and historians are being asked if a towel donated for kitten bedding to an RSPCA shelter has any historical significance....
At 17:15:08 in EntertainmentThere may be no British films in the main competition for the Palme d'Or at this year's Cannes Film Festival, but a number of youn...
News In Other Categories
Swansea City fans and historians are being asked if a towel donated for kitten bedding to an RSPCA shelter has any historical significance....
Yahoo's board has approved a deal to buy New York-based blogging service Tumblr for $1.1bn (£725m; 857m euros), US media reports say....
Legendary Indian batsman Rahul Dravid has spoken of his anguish after three players from the team he captains in the Indian Premier league w...
It's the time of year where students are poring over their books, trying to ensure they are prepared for their exams....
Glasgow's Riverside Museum has been named European Museum of the Year (EMYA) at a ceremony in Belgium. ...
Rod Stewart has scored his first UK number one album for 34 years, going straight to the top with his LP, Time....