Netanyahu praises EU for tougher Iran sanctions
Jerusalem, October 16, 2012
Israeli Prime Minister Benjamin Netanyahu praised the European Union on Tuesday for ramping up sanctions against Iran, saying such measures were having a strong impact on the Iranian economy.
"I want to commend the EU for the tough sanctions that were adopted yesterday against the greatest threat to peace in our time," Netanyahu said in an address to EU diplomats.
"These sanctions are hitting the Iranian economy hard," he added. "We'll know they are achieving their goal when the centrifuges stop spinning and when the Iranian nuclear programme is rolled back."
EU governments agreed on Monday to further sanctions against major Iranian state companies in the oil and gas industry, and strengthened restrictions on the central bank.
Andrew Standley, the EU ambassador to Israel, said in public remarks at the meeting with Netanyahu that "Iran's nuclear programme is a concern not only to Israel but also to the region and the wider international community".
Iran says it is enriching uranium for peaceful purposes only. Israel, widely believed to be the Middle East's only nuclear power, believes Tehran intends to build atomic weapons and has consistently urged the West to ramp up sanctions.
Western countries have rejected Netanyahu's demand to set a red line for Iran's nuclear programme that could trigger military action against it.
Amid concern in the West that Israel could strike on its own, Netanyahu signalled at the United Nations last month there was more time for diplomacy, saying Iran would be on the brink of nuclear weapons capability only next spring or summer. – Reuters
More INTERNATIONAL NEWS Stories
- No sign of missing plane; Malaysia probes false passports
- Two Europeans not on board 'missing' Malaysian jet
- China draws red line on North Korea
- Saudi sentences three to death for 2003 bombing
- First bitcoin machine opens in UK
- US sanctions will boomerang, warns Russia
- China plans $50bn bank to fund projects
- Sony to sell Tokyo 'birthplace'
- Obama orders sanctions over Russian moves
- Crimea parliament votes to join Russia
- Arab League to be revamped
- 'Upskirting' is legal: Massachusetts court
- Singapore probes 'unnatural' death of bitcoin trader
- Onus on world powers for Syria war crimes: UN
- US, Russia set for talks on Ukraine crisis
- Brent oil drops below $109
- Services outshine manufacturing, pushing up jobs
- Bitcoin bank shut down after hacker attack
- India to kick off world's biggest poll on April 7
- China signals focus on reforms
- Hundreds ready for bitcoin exchange class action
- Space taxi, Jupiter mission in Obama budget
- Putin: Use of force last resort in Ukraine
- Powers to boost Lebanese military, economy
- Egypt bans Hamas activities in Egypt
- Putin ends army exercise, markets rally
- Russia has violated international law: Obama
- Russian markets hit as Putin tightens grip on Crimea
- Iran nuclear deal 'being implemented as planned'
- Global factory growth stumbles as demand falters