Peres: N. Korea shows sanctions may work on Iran

Vice Premier Shimon Peres said Tuesday that North Korea's aid-for-disarmament deal with the United States shows that diplomatic and economic sanctions can work, and urged the international community to put similar pressure on Iran to drop its nuclear program. Pyongyang agreed Tuesday to shut down its main nuclear reactor and eventually dismantle its atomic weapons program, in return for aid equal to up to one million tons of heavy fuel oil. Peres said that the accord could show the way toward getting Iran to abandon its nuclear ambitions. "Economic sanctions can really be effective, as evidenced by the change in the policy of North Korea," he told Army Radio. "In my opinion, if there should be a serious coalition that imposes economic sanctions, the same thing can happen with Iran."