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New US nuclear sanctions on Iran | New US nuclear sanctions on Iran |
(about 1 hour later) | |
The US has imposed new financial sanctions on Iranian individuals and companies suspected of involvement in the country's nuclear programme. | The US has imposed new financial sanctions on Iranian individuals and companies suspected of involvement in the country's nuclear programme. |
A senior defence ministry scientist and several companies thought to be linked to Iran's arms industry were among those placed on the restricted list. | A senior defence ministry scientist and several companies thought to be linked to Iran's arms industry were among those placed on the restricted list. |
The move will ban US companies from trading with those on the list, who will also have US assets frozen. | The move will ban US companies from trading with those on the list, who will also have US assets frozen. |
It came as G8 leaders called for Iran to halt uranium enrichment work. | It came as G8 leaders called for Iran to halt uranium enrichment work. |
Western leaders have been attempting to convince Tehran to stop enriching uranium, which it has continued despite the imposition of sanctions by the UN and the European Union. | Western leaders have been attempting to convince Tehran to stop enriching uranium, which it has continued despite the imposition of sanctions by the UN and the European Union. |
Iran denies Western assertions that it is developing nuclear weapons and insists its nuclear programme is intended for peaceful purposes. | Iran denies Western assertions that it is developing nuclear weapons and insists its nuclear programme is intended for peaceful purposes. |
Complicated situation | |
Announcing the sanctions, the US Department of the Treasury said Iran's military industry was far from transparent. | |
Iran's nuclear and missile firms hide behind an array of agents that transact business on their behalf Stuart LeveyUS Treasury Department Iran leader dampens war talk | |
"Iran's nuclear and missile firms hide behind an array of agents that transact business on their behalf," said Stuart Levey, under-secretary for terrorism and financial intelligence. | |
Correspondents say the latest sanctions move is intended to increase the pressure on Tehran to comply with the calls to end enrichment. | Correspondents say the latest sanctions move is intended to increase the pressure on Tehran to comply with the calls to end enrichment. |
Last week Iran responded to a Western proposal offering incentives for it to suspend its enrichment programme. | |
The response, delivered to EU foreign policy chief Javier Solana, was described as "a complicated and difficult letter" that needed analysing. | |
But there were reports from the G8 summit in Japan that the letter contained no suggestion Iran would agree to halt enrichment. | |
Elsewhere, speaking in Malaysia at the end of an alternative summit of the D8 Islamic developing nations, Iranian President Mahmoud Ahmadinejad said Iran had no interest in a military conflict with either the US or with Israel. |
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