EU adds Iran's Bank Tejarat to sanctions list

By REUTERS
January 24, 2012 09:45

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later

BRUSSELS - The European Union has included Iran's state-owned Bank Tejarat among entities it is blacklisting to raise pressure on Tehran over its nuclear program, according to an EU document published on Tuesday.

EU governments agreed on Monday to an immediate ban on all new contracts to import, buy or transport Iranian crude oil, and to freeze the assets of Iran's central bank. They also agreed to ban all trade in diamonds, gold and other precious metals with the central bank and other public bodies.

The EU said that Bank Tejarat had directly facilitated Iran's nuclear efforts, for example by helping in the movement last year of tens of millions of dollars in an effort to assist Iran's Atomic Energy Organization to acquire yellowcake uranium.

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

Breaking news
November 19, 2018
Liberman: Now everybody understands why we lost deterrence

By JERUSALEM POST STAFF