U.S. official: Sanctions hurting Iran
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SPECIAL TO WORLD TRIBUNE.COM
Thursday, March 29, 2007
WASHINGTON — The Bush administration has determined that Iran was
harmed by United Nations sanctions.
Officials said many countries have responded to the UN Security Council
decision in December 2006 to impose sanctions on Iran. They said trade with
Iran has already been reduced.
"There is no doubt that the cumulative effect of this is having a major
impact on the Iranian financial sector, is having a major impact on
investments in Iran and is having a major impact on the Iranian hydrocarbon
sector," Acting Assistant Secretary of State for Near East Affairs James
Jeffrey said.
In a briefing on March 27, Jeffrey said the UN sanctions, which include
a ban on Iranian weapons exports, have sparked domestic criticism of Iranian
President Mahmoud Ahmadinejad. Officials said another batch of sanctions
were expected to be imposed on Iran by June 2007.
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