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Switzerland freezes additional Iran assets

Iran Materials 23 December 2011 12:09 (UTC +04:00)
Switzerland ratcheted up sanctions against Iran on Thursday, announcing it was freezing the assets of 180 Iranian people and enterprises.
Switzerland freezes additional Iran assets

Switzerland ratcheted up sanctions against Iran on Thursday, announcing it was freezing the assets of 180 Iranian people and enterprises, AFP reported.

Many of the individuals and companies affected belong to Iran's maritime transport sector, according to a list published by the State Secretariat of Economic Affairs.

The move echoes steps taken December 1 by the European Union, which has strengthened sanctions against Iran over the country's nuclear programme.

In November, Switzerland placed 116 names on its Iran sanctions list.

Iran claims its nuclear programme is peaceful, but Western countries have suspicions over Iran's aim to produce nuclear weapons. The UN Security Council has adopted sanctions on Iran in four rounds. The U.S, EU and their allies have imposed additional sanctions on Iran as well.

Edited by: S. Isayev

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