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Russia Says New EU Sanctions Against Iran 'Unacceptable'

July 27, 2010

Russia has criticized a new set of European Union sanctions against Iran as "unacceptable."

EU foreign ministers approved the sanctions on July 26, aimed at blocking Iran's controversial nuclear program.

In a statement today, Russia's Foreign Ministry said the use of sanctions outside of the UN Security Council's framework was "unacceptable."

They new sanctions are much tougher than UN sanctions agreed last month, including a ban on dealing with Iranian banks and insurance companies as well as measures to prevent investment in Tehran's lucrative oil and gas sector.

The Russian Foreign Ministry said the new EU sanctions undermined international efforts to resolve concerns over Iran's nuclear program. It also condemned unilateral U.S. sanctions against Tehran approved last month.

compiled from agency reports

Source: http://www.rferl.org/content/Russia_Says_New_EU_Sanctions_Against_Iran_Unacceptable/2110895.html

Copyright (c) 2010. RFE/RL, Inc. Reprinted with the permission of Radio Free Europe/Radio Liberty, 1201 Connecticut Ave., N.W. Washington DC 20036.