Switzerland has toughened its stance against Iran by implementing tighter sanctions adopted by the United Nations Security Council.This content was published on August 18, 2010 - 14:49
The sanctions were approved in June after Iran failed to respond to calls to suspend its nuclear enrichment programme. The measures take effect on August 19.
Under new elements of the sanctions adopted by Switzerland, heavy war materiel cannot be exported to Iran, nor is the financing of such equipment allowed. Switzerland has not exported war materiel towards Iran for some time.
Switzerland has enforced since June a part of the sanctions stipulating the Iranian government, businesses and certain individuals cannot buy shares in companies involved in technology that could be used for Tehran’s nuclear enrichment or ballistic missile programme.
Since then, 36 people have been blocked from entering Switzerland as a result and the assets and economic resources of 40 Iranian businesses and entities have been frozen, as well as those of one person.
Currently SFr1.5 million ($1.4 million) has been frozen as a result of the sanctions against Iran.
swissinfo.ch and agencies
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