US expects all UN members to levy sanctions on Iran | world | Hindustan Times
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US expects all UN members to levy sanctions on Iran

As it expanded its sanctions against Iranian entities, the US has pressed for a concerted global approach to the issue and said it expected to see additional actions announced by other governments soon.

world Updated: Jun 17, 2010 10:53 IST

As it expanded its sanctions against Iranian entities, the US has pressed for a concerted global approach to the issue and said it expected to see additional actions announced by other governments soon.

The United States has slapped fresh sanctions on dozens of Iranian firms and individuals having links with the country's nuclear and missile programme, expanding its list of penalties following the UN Security Council's resolution.

"To be truly effective in ending Iran's proliferation activities and Iran's support for terrorism, we need to have in place a concerted international approach," Treasury Secretary Timothy Geithner said at a White House briefing.

"This is not something the United States can do alone. We need other countries to move with us," he said.

He said along with efforts in the UN to build international support for sanctions, Washington has also been working behind the scenes to build support "to prevent abuse of the global financial system by Iran".

"We expect to see additional actions announced by other governments soon," Geithner said.

Treasury Under Secretary for Terrorism and Financial Intelligence Stuart Levey said increasingly companies around the world are deciding not to do business with the government of Iran because of its wide range of "illicit conduct" and because of a "brutal suppression of dissent and murder (of) the innocent".

"The United Nations has also highlighted proliferation concerns surrounding Iran's energy sector, and all companies must be conscious of the implications of any trade that they conduct with Iran's energy companies," he said.

He said officials in Iran were "anxious" about the new round of sanctions and pointed out that Tehran was involved in "deception" to evade sanctions.

"If Iranian government holds true to form, it will scramble to identify work-arounds, hiding behind front companies, doctoring wire transfers, falsifying shipping documents.

"We will continue to expose this deception, as we are today, and thereby reinforce the very reasons why the private sector around the world is increasingly shunning Iran," he said.

He said the State Department has dedicated senior official Bob Einhorn to ensure that the sanctions are enforced in cooperation with international community.

He said the European Union is also expected to announce its set of sanctions a "tough set of measures" against Iran on Thursday.

"We're actually partnering with them quite closely," he said.