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EU imposes new sanctions on Iran

New sanctions are added to the already long list of Iranian blacklisted companies by European Union

AFP , Monday 23 May 2011
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The EU tightened its sanctions on Iran on Monday, adding more than 100 firms to a blacklist of companies hit by an assets freeze over Tehran's disputed nuclear programme, diplomats said.

EU foreign ministers adopted the new restrictive measures amid efforts to jumpstart international talks aimed at convincing Iran to halt its nuclear activities.

The European-Iranian Trade Bank (EIH), a German-based Iranian-owned bank, is among the companies added to the list, along with five individuals who will face an assets freeze and EU travel ban, a diplomat said.

An EU statement said the ministers decided "to strengthen the restrictive measures imposed on Iran owing to concerns about its nuclear programme."

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