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Weapons of Mass Destruction (WMD)

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China: No New Sanctions Against Iran

By VOA News
16 September 2008

The Chinese government says increased United Nations sanctions against Iran will not solve the stalemate regarding the country's nuclear program.

U.S. officials raised the possibility of more sanctions Monday after the International Atomic Energy Agency accused Tehran of blocking the investigation into its nuclear activities. France Tuesday said it would seek further sanctions.

But China's Foreign Ministry representative, Jiang Yu, said Tuesday dialogue between the IAEA and Iran would be a better way to resolve the issue.

In related news, the head of Iran's chamber of commerce told a reformist Iranian newspaper that U.N. sanctions already placed on Tehran have caused the costs of Iranian imports and exports to rise.

The Sarmayeh newspaper quoted Mohammad Nahavandian as saying the higher costs affect not only Iran's economy, but also mean lost opportunities for its trade and economic partners.

Nahavandian says the average price of imported goods has risen by about 48 percent. He says the increased costs have amounted to several billion dollars that could be used to create one million jobs for Iranian youth.

In its new report, the IAEA says Iran continues to enrich uranium. U.N. officials say Iran has amassed one-third of the enriched uranium it would need to make a nuclear weapon and could obtain the rest within two years.

Iran says its nuclear program is peaceful. It says allegations of nuclear weapons research are false.

The IAEA's 35-nation board is due to discuss the report next week.

Some information for this report was provided by AFP and Reuters.

 



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