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| Syria-Lebanon-Iran |
| 'Fresh sanctions should paralyze Iran' |
| 2008-12-14 |
| The German government favors additional sanctions against the Islamic Republic targeting the country's banking and transport sectors. The weekly Der Spiegel said Saturday that Germany is preparing a package of fresh sanctions against Iran that Barack Obama could use to put pressure on Tehran when he takes office. The magazine added that German Foreign Minister Frank-Walter Steinmeier was seeking come to a consensus with other world powers with respect to the package in a bid to give US President-elect the means to press Iran into relinquishing its nuclear activities. The new round of sanctions are expected target Iran's banking and transport sectors to in a bid paralyze the country, it said. According to Der Spiegel Frank-Walter Steinmeier's chief-of-staff Volker Stanzel on Thursday proposed new measures to his French and British counterparts. The plan aims at collecting western support for a new set of sanctions that would not necessarily be implemented immediately. The German Foreign Ministry has so far declined to comment on the report. Obama has said he is prepared to offer Iran 'carrots' in form of economic incentives to stop its nuclear program, but he has also warned Tehran could meet with 'sticks' in form of toughened sanctions should it refuse to halt its nuclear program. Under US pressure, the UN Security Council has so far imposed three rounds of sanctions against Iran, demanding the country to halt its enrichment program. |
| Posted by:Fred |
| #1 From the continent that complained the loudest about sanctions in Iraq, comes a new sanctions proposal for Iraqs neighbor. If Irans economy tanks badly enough, sanctions and incentives might get them to stop. Until the money comes back. |
| Posted by: Mike N. 2008-12-14 01:08 |