EU Tightens Energy, Finance Sanctions On Iran

Law360, New York (July 26, 2010, 4:40 PM EDT) -- The European Union's foreign ministers enacted comprehensive sanctions targeting Iran's energy and financial services sectors Monday, a move that mirrored the U.S.' decision to push beyond measures the United Nations passed in June in an effort to thwart the country's rogue nuclear program.

The new sanctions tighten limits on trade with Iran and focus on the financial services, energy and transport industries, the EU Council's Foreign Affairs Council said. The package also includes visa bans and asset freezes for some groups and companies, including Iranian banks,...
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