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Tuesday, June 28, 2011     GET REAL

Israel to formally declares Iran an enemy, forms directorate to intensify sanctions

JERUSALEM — Israel has expanded sanctions against Iran.


The Cabinet of Prime Minister Benjamin Netanyahu has approved a decision to expand Israeli economic sanctions against Iran. Officials said the sanctions would include tightened restrictions on money-laundering and trading with Teheran.

The Cabinet has decided that Israel would formally declare Iran an enemy. Officials said the government would establish a directorate that would coordinate data and legislation to enforce sanctions.

"These steps include a series of administrative and regulatory measures that will place Israel at the international forefront regarding the imposition of sanctions on Iran," a government statement said. "These steps will be advanced in the coming days by the various relevant ministries."

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In a statement on June 26, Netanyahu did not cite the reason for the expanded sanctions.

Weeks earlier, the United States sanctioned an Israeli company accused of leasing ships for Iran, Middle East Newsline reported.

"Among the sanctions is an amendment to the Prohibition on Money Laundering Law that will enable the expansion of oversight and control vis-a-vis elements trading with Iran," the statement said. "It was also determined that state contact with companies that trade with Iran will be restricted," Netanyahu said.

"These recommendations ensure that Israel will stand alongside other countries at the forefront of sanctions against Iran, in order to cause the Iranian regime to abandon its plans to develop nuclear weapons."

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