Switzerland brings Iran sanctions in line with EU

Wed Jan 19, 2011 3:15pm GMT
 

* Sanctions tougher on military goods

* Sanctions restrict financial services

* New measures to be effective from Jan. 20

ZURICH, Jan 19 (Reuters) - Switzerland is tightening sanctions against Iran to bring them in line with those of its own trading partners, the Swiss government said on Wednesday.

The new measures, which will come into force from Thursday, should prevent Switzerland from being used as a way for Iran to get goods that it would otherwise not be able to get from other countries, the government said in a statement.

Last year, the United Nations, United States and European Union imposed sanctions on Iran that target the oil and gas sectors, which are vital to the Iranian economy.

Iran is due to hold a second round of talks with six major powers over its disputed nuclear activities in Istanbul on Jan. 21-22.

Swiss companies will now no longer be allowed to sell or deliver so-called dual use goods, products which could also be used for military purposes. The existing ban on exports of heavy war material will be extended to all sorts of military goods.   Continued...

 
Powered by Reuters AlertNet. AlertNet provides news, images and insight from the world's disasters and conflicts and is brought to you by Reuters Foundation.