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Australia expands sanctions against Iran

Iran Materials 10 January 2013 09:54 (UTC +04:00)
Australia has expanded sanctions against Iran amid growing concerns over the country's suspected nuclear weapons program, AP reported.
Australia expands sanctions against Iran

Australia has expanded sanctions against Iran amid growing concerns over the country's suspected nuclear weapons program, AP reported.

Foreign Minister Bob Carr said in a statement Thursday that the new sanctions affect the financial, trade, energy and transport sectors.

"These sanctions further increase pressure on Iran to comply with its nuclear non-proliferation obligations and with U.N. Security Council resolutions and to engage in serious negotiations on its nuclear program," Carr said.

He said the new measures are broadly aligned with those introduced by the European Union and other countries.

Iran's oil exports have fallen by about half in recent months due to the punitive oil and banking measures enacted by countries including Australia and the United States over concerns

Tehran is pursuing nuclear weapons. Iran denies that it is developing weapons.

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