Iran slapped with more sanctions
Photo: Reuters
Iran disparages EU sanctions
Tougher European sanctions will have no effect on Tehran, Foreign Ministry spokesman says
The Islamic Republic attempted to convey a sense of business-as-usual Monday, despite the European Union's and Canada's decision to extend sanctions against Tehran.
A senior Iranian official said the latest moves will have no effect on Iranian industries and will not be felt.
Tougher Attitude
Associated Press
Similar to US, European foreign ministers approve new round of economic sanctions on Iran, which target country's energy industry and foreign trade, blacklist additional banks
A Foreign Ministry Spokesman said that the new sanctions imposed by the EU "will not affect Iran," reiterating Tehran's position that sanctions merely "complicate the situation and push the sides further away from reaching agreement."
The European Union on Monday formally adopted a package of new sanctions against Iran, targeting the country's foreign trade, banking and energy sectors.
The move, which was agreed to in principle by EU leaders in June, is the latest in a series of measures taken by the international community in an effort to halt Iran's nuclear program.
Meanwhile, the Canadian government also approved tougher sanctions against Tehran. Canadian Foreign Minister Lawrence Cannon announced that the new decision forbids companies active in Canada to invest in Iran's oil and gas sector. In addition, the exportation of goods that may serve Iran's nuclear program have been banned, and Iranian banks have been prevented from setting up branches in Canada.
