BREAKING NEWS

Iran parliament votes to reassess relationship with Britain

By REUTERS

NOVEMBER 23, 2011 15:57

TEHRAN - Iran's parliament voted on Wednesday to review relations with Britain after it imposed sanctions on its central bank, a move described as "vindictive" by a leading lawmaker who called for the British ambassador to be expelled.

Western countries imposed a new wave of sanctions this week to increase the pressure on Tehran to halt its disputed nuclear activities, with Britain banning all transactions with the Central Bank of Iran.

The practical impact of Finance Minister George Osborne's announcement may be less than its political resonance as Britain and fellow European Union members already have sanctions in place that restrict financial transactions with Iran.

But naming the central bank is a reminder of Iran's vulnerability if many other countries should follow suit and it outraged politicians in the Islamic Republic.

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