EU court verdict on Iran sanctions angers US
by alethoPress TV - September 7, 2013
A
new EU court ruling that rejected sanctions on a number of Iranian
entities has drawn the ire of the United States, prompting Washington to
extend its illegal embargoes against more individuals and businesses.
The EU’s General Court in Luxembourg lifted the bloc’s sanctions against seven Iranian companies on Friday, ruling that there wasn't sufficient evidence to justify the embargoes.
The
top EU court ruled that the bloc wrongly blocked the accounts of Post
Bank of Iran, the Iran Insurance Company, Good Luck Shipping and the
Export Development Bank of Iran, from 2008 to 2011.
“We are very disappointed by the [EU] court’s decision today,” a spokesman for the US Treasury Department said in a statement on Friday.
The
US Treasury later announced that it blacklisted six individuals and
four businesses over their alleged links to Iranian oil sales.
At
the beginning of 2012, the US and the European Union imposed new
sanctions on Iran’s oil and financial sectors aimed at preventing other
countries from purchasing Iranian oil and conducting transactions with
the Central Bank of Iran.
The
illegal US-engineered sanctions were imposed based on the unfounded
accusation that Iran is pursuing non-civilian objectives in its nuclear
energy program.
Iran
rejects the allegation, arguing that as a committed signatory to the
nuclear Non-Proliferation Treaty (NPT) and a member of the International
Atomic Energy Agency (IAEA), it has the right to use nuclear technology
for peaceful purposes.
In
addition, the IAEA has conducted numerous inspections of Iran’s nuclear
facilities but has never found any evidence showing that Iran’s nuclear
activities have non-civilian purposes.
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