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NUKEWARS
US: Iran must address concerns on nuclear effort
by Staff Writers
Washington (AFP) May 17, 2011


US slaps sanction on Iranian state-owned bank
Washington (AFP) May 17, 2011 - The United States froze the assets Tuesday of an Iranian state-owned bank for its alleged help with Tehran's suspected nuclear weapons program.

The Iranian government used Bank of Industry and Mine "to evade US and international sanctions against Iranian financial institutions involved in facilitating transactions in support of Iran's proliferation activities," the US Treasury Department said in a statement.

The Treasury accused BIM of providing financial services to Bank Mellat and Europaisch Iranische Handelsbank (EIH), two Iranian banks it had previously designated in connection with Iran's nuclear program.

"Iran has a well-established practice of migrating illicit financial activities from one bank to another to facilitate transactions for sanctioned banks," said David Cohen, the Treasury's acting under secretary for terrorism and financial intelligence.

The US and other countries suspect Iran is using the program to develop nuclear weapons. Iran insists it is aimed at civilian energy production.

The sanction was imposed Tuesday under an executive order aimed at freezing the assets of proliferators of weapons of mass destruction and their supporters, cutting them off from the US financial and commercial systems.

BIM is the 21st Iranian state-owned bank hit by US sanctions.

The Treasury action came after US lawmakers unveiled legislation in the House of Representatives Monday to tighten economic sanctions on Iran.

The new measure, backed by key Republicans and Democrats, notably aims to toughen punitive measures against entities that invest in Iran's energy sector or provide the Islamic republic with gasoline.

And it steps up sanctions on top Iranian officials -- from supreme leader Ayatollah Ali Khamenei down to senior military commanders and paramilitary forces -- found to have violated human rights.

US Secretary of State Hillary Clinton said Tuesday "the burden remains on Iran" to show it is serious about tackling the international community's concerns over its nuclear ambitions.

Clinton's remarks highlighted the continued deadlock after Iran said the ball was in the court of the six major powers that have been working to resolve concerns over Tehran's nuclear program.

The United States, Russia, China, France, Britain and Germany have engaged in on-and-off talks with Iran aimed at halting its uranium enrichment program, one which Washington fears masks a drive to produce a nuclear weapon.

Iran, which insists its program is peaceful and denies the US charges, said it is ready for new talks after a meeting in Istanbul ended without progress in January, adding the ball is in the court of the six.

But Clinton, speaking during a press conference with European Union foreign policy chief Catherine Ashton who represents the six powers in contacts with Iran, effectively fired right back.

"Let me make clear that the burden remains on Iran to demonstrate it is prepared to end its stalling tactics, drop its unacceptable preconditions and start addressing the international community's concerns," Clinton said.

While the six want to focus on Iran's nuclear program, Tehran wants to raise issues like global security and nuclear disarmament, Israel's suspected atomic arsenal and the right of all countries to civil nuclear cooperation.

In a letter to Ashton earlier this month, Iran restated its conditions for a resumption of talks.

"It's taken three months for the reply to come. I had wished for a stronger and better letter from them to recognize that the offer on the table is an offer they should look at very carefully," Ashton told reporters.

"I will be sending a reply. We'll be consulting with our partners, not least with the United States, before we do so. But I do urge Iran to think again and to consider coming back to the table," she said.

Asked if there would be a new round of talks involving the six powers and Iran, Ashton replied: "I would like to say there will be a new round of talks. From the letter that I've received, I don't see that at the present time."

The UN Security Council has adopted four sets of sanctions against Iran, the most recent in June last year, over its refusal to suspend uranium enrichment, the sensitive process that lies at the heart of Western concerns.

A panel of experts that monitors the sanctions said Iran was circumventing them but that its nuclear work had been impaired.

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NUKEWARS
US lawmakers aim for tighter Iran sanctions
Washington (AFP) May 16, 2011
US lawmakers unveiled legislation Monday to tighten economic sanctions on Iran, looking to drag Tehran to talks on its suspect nuclear programs and to punish alleged human rights violators. "US policy towards Iran has offered a lot of bark, but not enough bite," House Foreign Affairs Committee Chairwoman Ileana Ros-Lehtinen, a Republican, said in a statement on the bill. The new measure, ... read more


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