The United States on Tuesday welcomed a push by some EU states to impose new sanctions on Iran and warned firms considering doing business with the Islamic Republic against what it called could be funding militant groups and regional instability. Speaking in London at the start of a tour of European signatories to that deal, Sigal Mandelker, under secretary of the treasury for terrorism and financial intelligence, said sanctions were an important part of a comprehensive effort to counter Iran’s “malign activity” in the region, Reuters reported. “We understand that the EU, it’s been reported in the press, is considering new Iran-related sanctions. This is a good and important step that we support,” she told reporters before meetings with British officials. Last month, France, Britain and Germany sought EU support for approval of new sanctions, but have struggled to persuade other member states to back them. Mandelker will visit Berlin and Paris during her three-day tour. Mandelker said Iran had not complied with the terms of the 2015 pact between Iran and six major powers, citing factors such as a continued lack of transparency in the Iranian banking system. Iran denies US claims and says any more sanctions could amount to violating the deal.
© Financial Tribune Daily and Contributors 2014-2025