US to sanction countries cooperating with Iran
MOSCOW - The United States is considering imposing new sanctions on countries cooperating with Iran, US Secretary of State Condoleezza Rice said on Friday after high-level Russia-US talks.
The United States will not allow Iran to take advantage of the international financial system, the benefits of which it distributes to support international terrorism, she declared at a news conference. The fact that Iran continues to challenge the international community means that ... those who do business with Iran represent a threat, Rice added.
The US State Department had imposed sanctions on arms companies in August 2006 for allegedly supplying equipment to Iran, which it said broke US laws banning the sale to Tehran of equipment capable of helping develop weapons of mass destruction.
The sanctions stop US firms working with companies, including Russian aircraft manufacturer Sukhoi and arms manufacturer Rosboronexport. These reacted by saying that it was a means to stop them competing with US arms dealers. Sukhoi meanwhile denied having any contracts with Tehran, saying it has not worked with the country in six years.
Moscow last year signed a deal worth 700 million dollars to supply surface-to-air missiles to Tehran, and is building Irans first nuclear power station in Bushehr.
Posted by: Steve White 2007-10-13 |