AGL 32.60 Increased By ▲ 0.60 (1.88%)
AIRLINK 138.00 Decreased By ▼ -2.64 (-1.88%)
BOP 5.10 Increased By ▲ 0.01 (0.2%)
CNERGY 4.10 Decreased By ▼ -0.06 (-1.44%)
DCL 9.29 Increased By ▲ 0.14 (1.53%)
DFML 51.49 Increased By ▲ 0.14 (0.27%)
DGKC 81.00 Increased By ▲ 0.05 (0.06%)
FCCL 22.90 Increased By ▲ 0.08 (0.35%)
FFBL 45.93 Decreased By ▼ -0.02 (-0.04%)
FFL 9.35 Decreased By ▼ -0.12 (-1.27%)
HUBC 150.90 Increased By ▲ 0.01 (0.01%)
HUMNL 10.92 Increased By ▲ 0.02 (0.18%)
KEL 4.13 Increased By ▲ 0.03 (0.73%)
KOSM 9.63 Decreased By ▼ -0.01 (-0.1%)
MLCF 33.50 Increased By ▲ 0.17 (0.51%)
NBP 59.50 Increased By ▲ 0.48 (0.81%)
OGDC 135.84 Decreased By ▼ -0.55 (-0.4%)
PAEL 25.52 Increased By ▲ 0.01 (0.04%)
PIBTL 5.96 Decreased By ▼ -0.01 (-0.17%)
PPL 112.00 Decreased By ▼ -0.20 (-0.18%)
PRL 24.20 Increased By ▲ 0.01 (0.04%)
PTC 11.80 Increased By ▲ 0.02 (0.17%)
SEARL 57.80 Decreased By ▼ -0.09 (-0.16%)
TELE 7.85 Decreased By ▼ -0.05 (-0.63%)
TOMCL 41.61 Decreased By ▼ -0.09 (-0.22%)
TPLP 8.25 Decreased By ▼ -0.15 (-1.79%)
TREET 15.28 Increased By ▲ 0.10 (0.66%)
TRG 51.60 Increased By ▲ 0.50 (0.98%)
UNITY 28.34 Increased By ▲ 0.34 (1.21%)
WTL 1.46 Decreased By ▼ -0.01 (-0.68%)
BR100 8,294 Decreased By -1 (-0.01%)
BR30 26,809 Increased By 9.3 (0.03%)
KSE100 78,666 Increased By 50.8 (0.06%)
KSE30 24,850 Decreased By -6.5 (-0.03%)

aaaBERLIN: Germany's foreign minister called Sunday for tougher European Union sanctions against Iran, on the eve of a meeting to decide on harsher measures against Tehran over its disputed nuclear drive.

 

"Iran has not moved on any of the important questions over the past few months. Therefore, we must increase the sanctions pressure," Guido Westerwelle said in a statement.

 

"By imposing further sanctions, we want the EU tomorrow to send a clear signal to Tehran," said the minister, adding that there was still the opportunity for negotiation.

 

The offer remains for "substantial talks with the clear goal of stopping Iran having a nuclear weapon," said Westerwelle.

 

"It is time for a political solution," he stressed.

 

Diplomatic sources said last week that EU member states had agreed to step up sanctions against Iran, focusing on dealings with banks, trade and gas imports.

 

One diplomat said the "tough package" of new sanctions would be endorsed at a meeting of EU foreign ministers in Luxembourg on Monday.

 

A diplomat who asked not to be named said ministers will agree for the first time to hit Iran's telecoms sector, aiming at companies believed to provide financial support for Tehran.

 

All dealings between European and Iranian banks will meanwhile be banned above a certain "relatively low" threshold, although exceptions will be allowed in some medical and humanitarian cases, the diplomat said.

 

Short-term export credit guarantees will be also barred, joining the medium- and long-term guarantees already banned.

 

Many in the international community suspect that Iran's nuclear programme is aimed at developing atomic weapons, a charge which Tehran denies, saying its activities are peaceful.

 

It has refused to suspend the most controversial parts of its programme, most notably uranium enrichment, as called for under multiple UN Security Council resolutions.

 

 

Copyright AFP (Agence France-Presse), 2012

 

Comments

Comments are closed.