Don't miss

Replay


LATEST SHOWS

EYE ON AFRICA

Amnesty International says Nigerian army abused women fleeing Boko Haram

Read more

#TECH 24

Is GDPR a good thing for EU tech companies?

Read more

MEDIAWATCH

UK foreign secretary victim of Russian prank phone call

Read more

THE DEBATE

After Iran, North Korea: Macron and Putin react as Trump scraps Singapore summit

Read more

FOCUS

Training future football champions in Vietnam

Read more

ENCORE!

Guitar Hero: Johnny Marr brings solo work to the stage in Paris

Read more

THE INTERVIEW

Presidential meeting signals 'another chapter' in Franco-Rwandan relations

Read more

THE DEBATE

Apology accepted? Facebook's European charm offensive

Read more

PEOPLE & PROFIT

Trade truce: US-China tensions cool, but is a trade war still possible?

Read more

Asia-pacific

Iran threat ‘unacceptable’, says Sarkozy

Text by News Wires

Latest update : 2011-11-21

French President Nicolas Sarkozy called Monday for sanctions on an "unprecedented scale" against Iran following a new IAEA report on its nuclear programme. Sarkozy urged world powers to stop buying Iran's oil and freeze its central bank assets.

REUTERS - France called for new sanctions on an "unprecedented scale" against Iran on Monday in response to Tehran's nuclear programme, urging world powers to halt purchases of Iranian oil and freeze its central bank assets.

French President Nicolas Sarkozy sent letters to the leaders of the United States, Britain, Germany, the European Union, Canada and Japan proposing the new actions after the International Atomic Energy Agency (IAEA) voiced new concerns about Iran's nuclear programme last week.

"As Iran steps up its nuclear programme, refuses negotiation and condemns its people to isolation, France advocates new sanctions on an unprecedented scale to convince Iran that it must negotiate," said a statement from Sarkozy's office.

"France therefore proposes to the European Union and its member states, the United States, Japan and Canada and other willing countries to take the decision to immediately freeze the assets of the Iranian central bank (and) stop purchases of Iranian oil," it added.

Iranian Industry Minister Mehdi Ghazanfari warned on Monday that threats from Western countries to tighten sanctions were only harming their own interests.

The French statement urged Iran to suspend all nuclear and balistic missile activities banned by the nuclear Non-Proliferation Treaty as well as U.N. and IAEA resolutions immediately. It called on Tehran to be open about its nuclear programme by fully cooperating with the IAEA.

France also said that Iran should stop threatening its neighbours and countries in the region.

Britain ordered its financial institutions on Monday to stop doing business with Iranian counterparts although a source in London said the new sanctions would not target oil trading.

"The Iranian regime's behaviour is a grave and urgent threat to peace," the French statement said.

"In addition to the unacceptable threat of nuclear proliferation, there is also the risk of triggering a military escalation in the region, which could have catastrophic consequences for Iran and the world," it added.
 

Date created : 2011-11-21

  • IRAN

    World leaders united over Iran's nuclear ambitions

    Read more

  • IRAN

    IAEA chief calls for Iran mission over nuclear fears

    Read more

  • NUCLEAR IRAN

    Stern IAEA report adds weight to Iran sanctions call

    Read more

COMMENT(S)