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Sanctions News

EU further tightens sanctions on North Korea

Brussels - The European Union on Friday further tightened sanctions against North Korea over nuclear and ballistic missile tests carried out in defiance of UN Security Council resolutions.

Myanmar welcomes U.S. move to ease more sanctions

Yangon - A US decision to pare back economic sanctions on Myanmar could unclog investment as the country claws its way out of poverty, Aung San Suu Kyi's civilian government said Wednesday, welcoming the move.

U.S. puts Libyan speaker on sanctions blacklist

Washington - The United States placed the speaker of Libya's internationally-recognized parliament Aguila Saleh on its sanctions blacklist Friday, saying he has blocked attempts to strengthen the new UN-backed unity government.

Iran to sue U.S. over court seizure of $2 bn in frozen funds

Tehran - Iran is preparing international legal action to recover nearly $2 billion that the US Supreme Court has ordered be paid as compensation to American victims of terror attacks, President Hassan Rouhani said on Tuesday.

World Bank keeps its distance from Iran, despite lifted sanctions

Washington - The World Bank aims to eradicate global poverty, but its push stops at the Iranian border despite the easing of sanctions against Tehran and the country's pressing economic needs.

South Korea, Japan, U.S. warn Pyongyang over possible nuclear test

Seoul - South Korea, Japan and the United States on Tuesday warned North Korea of harsher sanctions and deeper isolation if it went ahead with a fifth nuclear test or other provocations.

EU 'imposes sanctions' on Libyans for obstructing peace process

Brussels - EU member states agreed Thursday to impose sanctions on three Libyan figures for obstructing the peace process and the formation of a government of national unity in the war-torn country, sources said.

China telecom giant ZTE says it expects lifting of U.S. curbs

Shanghai - Chinese telecommunications giant ZTE said Tuesday it expects the United States to lift restrictions on its business, amid talks with Washington over allegations it violated trade sanctions against Iran.

Obama moves to implement U.S. sanctions on North Korea

Washington - US President Barack Obama signed an order Wednesday implementing UN-backed sanctions on North Korea after a nuclear test and missile launch this year, as Pyongyang promised reprisals.

EU to extend sanctions on individuals over Ukraine to Sept: Sources

Brussels - The European Union will extend for a further six months until September sanctions against Russian and Ukrainian individuals over the conflict in Ukraine, EU sources said on Wednesday.

South Korea says North hacked official phones, unveils sanctions

Seoul - South Korea on Tuesday accused North Korea of hacking the smartphones of government officials, and unveiled new sanctions on Pyongyang over its recent nuclear test and long-range rocket launch.

N. Korea sanction loopholes give China room for manoeuvre: Analysts

Bejing - New United Nations sanctions against nuclear-armed North Korea are being touted as the "toughest ever", but loopholes leave plenty of room for Pyongyang's key economic supporter China to continue business as usual, analysts and diplomats said Thursday....

Obama says world has sent N.Korea a 'message' with new sanctions

Washington - US President Barack Obama hailed the adoption of UN Security Council sanctions against North Korea, saying it sent a "simple message" that Pyongyang must abandon its weapons of mass destruction programs.

UN set to toughen North Korea sanctions

New York - The UN Security Council was expected to approve on Wednesday a new raft of tough sanctions on North Korea to punish the reclusive regime after its fourth nuclear test and rocket launch.

UN Security Council to vote Tuesday on N. Korea sanctions

New York - The UN Security Council will vote Tuesday on a US-drafted resolution imposing a raft of new sanctions on North Korea following its nuclear test and rocket launch, US diplomats said.

U.S., China agree on UN N. Korea resolution: diplomats

New York - The United States and China have agreed on a draft resolution imposing fresh sanctions on North Korea and the Security Council could vote on the measure in the coming days, diplomats said.

Russia plans return to Mars, Moon despite money woes

Moscow - Visitors are rare these days to the museum of Russia's Space Research Institute in Moscow even though it holds gems like the model of the Soviet Lunokhod, the first ever space rover to land on the Moon, in 1970.

North Korea's Kim Jong-Un calls for more rocket launches

Seoul - North Korean leader Kim Jong-Un says his reclusive nation plans more "satellite launches" -- which the West sees as a cover for ballistic missile tests -- calling space exploration a "strategic goal", state media said Friday."Conquering space is ...

Obama signs North Korea sanctions: White House

Washington - US President Barack Obama on Thursday signed off on new sanctions against North Korea to punish the reclusive Asian nation for its provocative recent nuclear test and rocket launch.

Orban tells Putin EU unlikely to 'automatically' extend Russia sanctions

Russia - Hungarian Prime Minister Viktor Orban told Russian President Vladimir Putin on Wednesday that European Union countries were increasingly keen to cooperate with Moscow and will not "automatically" extend sanctions over Ukraine.

EU ends nearly all Belarus sanctions

Brussels - EU foreign ministers agreed Monday to lift nearly all sanctions on Belarus, including against strongman President Alexander Lukashenko, after improvements in the country's human rights record.

France hopes to see Russia sanctions lifted 'this summer' — French economy minister

Moscow - France hopes that international sanctions imposed on Russia for its intervention in Ukraine will be lifted "this summer," French Economy Minister Emmanuel Macron said on Sunday.

Iran's supreme leader warns against US 'deceit'

Tehran - Iran's supreme leader Ayatollah Ali Khamenei warned Tuesday against American "deceit", just days after the end of sanctions under a nuclear deal that the central bank said would unblock $32 billion.

U.S. imposes sanctions linked to Iran's ballistic missile program

Washington - The United States on Sunday announced new sanctions linked to Iran's ballistic missile program, just a day after sanctions targeting its nuclear program were lifted.

Sceptics of Iran nuclear deal 'all proven wrong': Rouhani

Tehran - President Hassan Rouhani said Sunday that sceptics who had warned a nuclear deal with world powers would not bring benefits to Iran "were all proven wrong".

Nuclear deal marks U.S.-Iran thaw, but Saudis sulk

Washington - The implementation of the Iran nuclear deal marked a major step forward in Washington's cautious rapprochement with Iran, but will further strain ties with Saudi Arabia.

Iran nuclear deal win may be short-lived for Rouhani

Tehran - It is the hard-fought central pillar of his presidency, an election pledge delivered, but Hassan Rouhani may yet find it difficult to capitalise on Iran's nuclear deal with world powers.

EU has lifted Iran sanctions after nuclear deal compliance: European source

Brussels - The European Union on Saturday lifted its economic sanctions against Iran after the UN atomic watchdog announced that Tehran had complied with the terms of last July's landmark deal aimed at scaling down its nuclear programme.

Iran has complied with nuclear deal: UN watchdog

Vienna - Iran has complied with last July's nuclear deal, the UN atomic watchdog said Saturday, allowing sanctions to be lifted and the landmark accord to enter into force.

Iran, EU meet to 'finalise' nuclear deal: Mogherini

Vienna - Iran's foreign minister and the EU foreign policy chief Federica Mogherini met Saturday in Vienna to "finalise" last July's nuclear deal, Mogherini said on Twitter.
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