Peripheral Revision

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US sanctions Belarusian firm over Iran contract

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AP, March 29, 2011

The Obama administration on Tuesday slapped sanctions on a state-owned energy company in Belarus over a $500 million investment with an Iranian firm accused of contributing to Iran’s suspect (peaceful -PR) nuclear program.

The move is part of U.S. efforts to restrict Iran’s ability to improve its atomic capabilities that Washington and others fear are aimed at developing nuclear weapons. But it was derided as not enough by lawmakers who said the sanctions should have been applied to a larger number of companies, including some in Russia and China.
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Written by peripheralrevision

03/29/2011 at 4:19 pm

Posted in Belarus, Iran