Thursday, March 25, 2010

US Caves On Iran Sanctions

U.S. Softens Sanction Plan Against Iran -- Wall Street Journal

VIENNA—The U.S. has backed away from pursuing a number of tough measures against Iran in order to win support from Russia and China for a new United Nations Security Council resolution on sanctions, according to people familiar with the matter.

Among provisions removed from the original draft resolution the U.S. sent to key allies last month were sanctions aimed at choking off Tehran’s access to international banking services and capital markets, and closing international airspace and waters to Iran’s national air cargo and shipping lines, according to the individuals.

Read more ....

More News On Iran Sanctions

US softens Iran sanctions plan to win support: report -- AFP
Report: US softens Iran sanctions plan -- YNET News
U.S. Easing up on Iran and Yuan -- World Market Media
Six Major Powers Hold Conference on Possible Iran Sanctions -- Voice of America
China to join in talks on sanctioning Iran over uranium -- Washington Post
Russia says may support Iran nuclear sanctions -- Reuters
Russia's Lukoil flees Iran -- UPI

My Comment: I expect even these US "proposals" to be watered down in the next few weeks/months.

1 comment:

Anonymous said...

SANCTIONS WILL NOT WORK WITHOUT CHINA GOING ALONG. WHAT DO YOU SUGGEST THEN OUGHT TO BE DONE...