United Kingdom

European Union Embargo on Iran

Leaders of the European Union (EU) have agreed to impose and enforce embargoes over 39 people and 141 firms in connection with Iran’s nuclear program. These embargoes also include freezing Iranian assets and ban travel as well. EU officials came to the agreement after a report by the International Atomic Energy Agency (IAEA) that stated Iran had carried out tests related to “development of a nuclear device". In response Iran claims that the nuclear activity is for peaceful purposes. The EU has yet to include oil bans from the country due to the fact that many of the European countries involved depend on Iranian oil.

In order to keep the status quo an already weak EU had to impose such embargoes to show they are someone you do not want to mess with. Plus the United States and Canada have already agreed to do the same as well. No one wants to have loose cannon such Iran to have weapons with such destructive capabilities. We have seen where that has gotten us before. This is an attempt to keep this how they are for the time being using a time tested tactic to get what you want and keep things as smooth as possible.

Liberal

http://www.bbc.co.uk/news/world-europe-15984216

http://www.canada.com/news/retaliates+against+Iran+with+sanctions/5796200/story.html

December 2, 2011 at 02:46 am