Advertising

Russia slams new US sanctions on Iran

Author: Associated Press All articles by this author

More about Associated Press


Aug. 14, 2012 09:07
215 159
Russian Foreign Minister Sergey Lavrov speaks at a news conference in Moscow, Monday, July 16, 2012.
Photo by AP

MOSCOW — Russia's Foreign Ministry on Monday, Aug. 13,harshly criticized new U.S. sanctions on Iran, calling them "undisguised blackmail" and warning that relations between Washington and Moscow would suffer if Russian companies were affected.

On Friday, President Barack Obama signed into law new sanctions on Iran's energy, shipping and financial industries as part of an effort to pressure Tehran over its suspected nuclear weapons program. The new sanctions would hit foreign companies that mine uranium with Iran or help it export oil by providing tankers, insurance or banking services.

Foreign Ministry spokeswoman Maria Zakharova said in a statement that while Russia supports U.N. sanctions, it opposes U.S. efforts to spread its legislation throughout the world and "rejects methods of undisguised blackmail used by the U.S. against the companies and banks of other countries."

The new sanctions build on previous penalties that U.S. officials say have reduced Iran's oil exports, costing Tehran more than $60 million daily.

Russia, however, argues that the unilateral sanctions undermine international diplomatic efforts and risk harming U.S.-Russia relations.

"Those in Washington should understand that our bilateral relations will seriously suffer if Russian companies working with Iranian partners in strict accordance with Russian law and U.N. Security Council resolutions are affected by the American restrictions," Zakharova said.

Tags:


215 159

The Kyiv Post is hosting comments to foster lively public debate through the Disqus system. Criticism is fine, but stick to the issues. Comments that include profanity or personal attacks will be removed from the site. The Kyiv Post will ban flagrant violators. If you think that a comment or commentator should be banned, please flag the offending material.

comments powered by Disqus

Read more in {{sectionName}} section

All in {{sectionName}} section

SUBSCRIBE TO KYIV POST NEWSLETTERS