Europe Plans New Nuclear Sanctions on Iran

Strict Measures Target Banking, Industry and Shipping

By Reuters

Published October 14, 2012.
  • Print
  • Share Share
  • Single Page

European Union governments plan to ratchet up sanctions pressure against Iran over its nuclear programme on Monday, approving new measures against Tehran’s banking sector, industry and shipping.

The new sanctions mark one of the toughest pushes against Iran by Europe to date, and come amid mounting concerns over the Islamic Republic’s military intentions and the failure of diplomacy to solve the atom stand-off this year.

Iran insists its nuclear work has only peaceful dimensions and has refused in three rounds of talks since April to scale it back unless major economic sanctions are lifted.

But governments in Europe and the United States have refused to do so and, instead, are tightening the financial screws against Tehran as fears grow that the nuclear dispute could envelop the Middle East in a new war.

“In the last couple of months Iran has not budged on any of the key issues and we must therefore increase the pressure through sanctions,” German Foreign Minister Guido Westerwelle said in Berlin.

Speaking a day before his counterparts meet in Luxembourg to approve new sanctions, he said diplomacy was still an option.

“Our offer to Iran still stands: substantial negotiations with the clear aim of preventing Iran from arming itself with nuclear weapons. It is time for a political solution.”

Iran’s nuclear interlocutors – Germany, France, Britain, United States, China and Russia – asked Tehran this year to abandon the enrichment of uranium to 20 percent, a crucial technological step on route to producing an atom bomb.

Tehran’s refusal has lead Israel, widely understood to be the only nuclear power in the Middle East, to threaten to bomb its nuclear installations.

At Monday’s Luxembourg meeting, foreign ministers will also extend measures levied against Belarus over human rights abuses, and approve a new round of sanctions against Syria to pressure President Bashar al-Assad to halt violence against rebels.


The Jewish Daily Forward welcomes reader comments in order to promote thoughtful discussion on issues of importance to the Jewish community. In the interest of maintaining a civil forum, The Jewish Daily Forwardrequires that all commenters be appropriately respectful toward our writers, other commenters and the subjects of the articles. Vigorous debate and reasoned critique are welcome; name-calling and personal invective are not. While we generally do not seek to edit or actively moderate comments, our spam filter prevents most links and certain key words from being posted and The Jewish Daily Forward reserves the right to remove comments for any reason.





Find us on Facebook!
  • "Despite the great pain and sadness surrounding a captured soldier, this should not shape the face of this particular conflict – not in making concessions and not in negotiations, not in sobering assessments of this operation’s achievements or the need to either retreat or move forward." Do you agree?
  • Why genocide is always wrong, period. And the fact that some are talking about it shows just how much damage the war in Gaza has already done.
  • Construction workers found a 75-year-old deli sign behind a closing Harlem bodega earlier this month. Should it be preserved?
  • "The painful irony in Israel’s current dilemma is that it has been here before." Read J.J. Goldberg's latest analysis of the conflict:
  • Law professor Dan Markel waited a shocking 19 minutes for an ambulance as he lay dying after being ambushed in his driveway. Read the stunning 911 transcript as neighbor pleaded for help.
  • Happy birthday to the Boy Who Lived! July 31 marks the day that Harry Potter — and his creator, J.K. Rowling — first entered the world. Harry is a loyal Gryffindorian, a matchless wizard, a native Parseltongue speaker, and…a Jew?
  • "Orwell would side with Israel for building a flourishing democracy, rather than Hamas, which imposed a floundering dictatorship. He would applaud the IDF, which warns civilians before bombing them in a justified war, not Hamas terrorists who cower behind their own civilians, target neighboring civilians, and planned to swarm civilian settlements on the Jewish New Year." Read Gil Troy's response to Daniel May's opinion piece:
  • "My dear Penelope, when you accuse Israel of committing 'genocide,' do you actually know what you are talking about?"
  • What's for #Shabbat dinner? Try Molly Yeh's coconut quinoa with dates and nuts. Recipe here:
  • Can animals suffer from PTSD?
  • Is anti-Zionism the new anti-Semitism?
  • "I thought I was the only Jew on a Harley Davidson, but I was wrong." — Gil Paul, member of the Hillel's Angels. http://jd.fo/g4cjH
  • “This is a dangerous region, even for people who don’t live there and say, merely express the mildest of concern about the humanitarian tragedy of civilians who have nothing to do with the warring factions, only to catch a rash of *** (bleeped) from everyone who went to your bar mitzvah! Statute of limitations! Look, a $50 savings bond does not buy you a lifetime of criticism.”
  • That sound you hear? That's your childhood going up in smoke.
  • from-cache

Would you like to receive updates about new stories?




















We will not share your e-mail address or other personal information.

Already subscribed? Manage your subscription.