Monday, March 03, 2008

UN Security Council approves new sanctions against Iran

BBC:
UN approves new sanctions on Iran

Members of the UN Security Council vote through new sanctions on Iran on Monday The UN Security Council has voted in favour of new sanctions against Iran over its nuclear programme.

Fourteen of the council's 15 members voted in favour of measures including asset freezes and travel bans for Iranian officials. Indonesia abstained.

Western powers suspect Iran may be developing nuclear weapons, but Iran says its nuclear programme is for energy generation only.

Tehran has refused to comply with demands that it stop enriching uranium.

This can be undertaken for power generation, but may also be a precursor to building an atomic bomb.

RESOLUTION 1803

* Imposes travel bans on five Iranian officials
* Freezes foreign assets of 13 Iranian companies and 13 officials
* Bans sale of dual-use items to Iran
* Urges governments to withdraw financial backing from firms trading with Iran, inspect cargo going into and out of the country, and monitor the activities of two Iranian banks
* Requests IAEA to report on whether Iran has complied with demand to suspend uranium enrichment
* If not, threatens further sanctions

This third sanctions resolution - formally submitted by France and Britain - adds to resolutions adopted in 2006 and 2007.

It calls for the foreign assets of 13 Iranian companies to be frozen, and imposes travel bans on five Iranian officials.

It bans the sale to Iran of so-called dual-use items - which can have either a military or civilian purpose.

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