Australia to impose sanctions on Iranian entities

Australia on Tuesday said it will impose its own sanctions against Iran.

Melbourne: Australia on Tuesday said it will impose its own sanctions against Iran to persuade and pressurise it to reverse its nuclear programme, on the heels of fresh penalties imposed by the UN Security Council.

Foreign Minister Stephen Smith said Australia will impose sanctions on a bank, a shipping line, and an individual involved in a construction company -- all entities somehow linked to the nuclear programme.

"These new measures put Australia at the forefront of efforts to persuade Iran to reverse its current path of confrontation with the international community," Smith said.

In an official statement, the minister said Resolution 1929 reflected the international community`s deep concerns about Iran`s nuclear programme, in particular its failure to comply with previous UN Security Council and International Atomic Energy Agency resolutions.

"On 10 June, I announced Australia would implement Resolution 1929 to full effect. Australia already fully implements earlier UNSC Resolutions 1737, 1747 and 1803 against Iran".

Australia urges Iran to uphold its international obligations and seek an early negotiated solution to international community concerns about its nuclear programme, it added.

Australia`s sanctions will apply to Bank Mellat, which the UN said has facilitated transactions involving Iranian nuclear and missile entities.

They will also apply to the Islamic Republic of Iran Shipping Line, which Smith said had transported goods for Iran`s nuclear programmes.

General Rostam Qasemi, the commander of Khatem ol-Anbiya Construction Organisation, also will face Australian sanctions.

Voicing deep concern over Iran`s nuclear aspirations, Smith said there was still an opportunity for dialogue.


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