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1st Rajab, 1433 | Thursday, May 24, 2012
World

UN hits Iran with new sanctions

Wednesday, 9 June 2010
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June 09:

United Nations, June 09: The UN Security Council on Wednesday slapped broader military and financial sanctions on Iran over its suspect nuclear program, but Brazil and Turkey voted against.

The vote in the 15-member council was 12 in favor, with Lebanon abstaining and Brazil and Turkey voting against.

The sanctions include tighter finance curbs and an expanded arms embargo. The US has promoted the sanctions as the toughest Iran has yet faced.

But Iran's President Mahmoud Ahmadinejad earlier warned his country would not agree to further nuclear talks if the sanctions were imposed.

The US and its allies fear Iran is secretly trying to build a nuclear bomb, but Tehran insists its programme is aimed solely at peaceful energy use.

The Security Council resolution was opposed by Turkey and Brazil, which had brokered a deal with Iran on uranium enrichment. Lebanon abstained.

The new sanctions were passed after being watered down during negotiations with Russia and China on Tuesday.

There are no crippling economic sanctions and there is no oil embargo. The sanctions include prohibiting Iran from buying heavy weapons and also toughen rules on financial transactions with Iranian banks and increase the number of Iranian individuals and companies that are targeted with asset freezes and travel bans.

---Agencies

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