US imposes new sanctions on Iran

The US has stepped up its sanctions on Iran for "supporting terrorists" and pursuing nuclear activities.

The new measures target the finances of Iran's Islamic Revolution Guards Corps and three state-owned banks.

US Secretary of State Condoleezza Rice said the moves were part of "a comprehensive policy to confront the threatening behaviour of the Iranians".

But Iran said the latest "hostile policies" were counter to international law, and accused the US of hypocrisy. US imposes new sanctions on Iran

BBC News
Thursday, October 25, 2007

The US has stepped up its sanctions on Iran for "supporting terrorists" and pursuing nuclear activities.

The new measures target the finances of Iran's Islamic Revolution Guards Corps and three state-owned banks.

US Secretary of State Condoleezza Rice said the moves were part of "a comprehensive policy to confront the threatening behaviour of the Iranians".

But Iran said the latest "hostile policies" were counter to international law, and accused the US of hypocrisy.

The US declared the Revolutionary Guards a "proliferator of weapons of mass destruction", a reference to ballistic missiles they are allegedly developing, while their elite overseas operations arm, the Quds Force, was singled out as a "supporter of terrorism". BBC News