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Britain, France and Germany are reportedly proposing a tough list of new sanctions to be imposed against Iran over its nuclear program.
A report by the Financial Times claims that the EU trio is targeting 34 Iranian entities and 10 individuals who are believed to be connected with the country's disputed nuclear program.
The UN Security Council has imposed three rounds of sanctions against Iran, urging the country to halt its enrichment activities.
The UN Security Council has imposed three rounds of sanctions against Iran, urging the country to halt its enrichment activities.
The UN nuclear watchdog, while requesting more cooperation from Tehran, said in its latest report on Iran's nuclear program that there has been no diversion of "declared nuclear material in Iran."
Iran, however, is accused by the US, Israel and their European allies -- Britain, France and Germany -- of pursuing a military nuclear program. Officials in Tehran contend the only objective of the disputed program is the civilian applications of the technology.
According to the report, the commander and deputy head of volunteer Basij forces, Sharif University, Iran Insurance Company, Iran Air Cargo, Iran Space Agency and Razi Vaccine and Serum Research Institute are among the entities on the list.
Iran's Bank Tejarat is also on the EU's new list of sanctions. Iranian commercial banks including Melli, Saderat, Sepah and Mellat are already under sanctions over the country's nuclear program.
Iran, however, is accused by the US, Israel and their European allies -- Britain, France and Germany -- of pursuing a military nuclear program. Officials in Tehran contend the only objective of the disputed program is the civilian applications of the technology.
According to the report, the commander and deputy head of volunteer Basij forces, Sharif University, Iran Insurance Company, Iran Air Cargo, Iran Space Agency and Razi Vaccine and Serum Research Institute are among the entities on the list.
Iran's Bank Tejarat is also on the EU's new list of sanctions. Iranian commercial banks including Melli, Saderat, Sepah and Mellat are already under sanctions over the country's nuclear program.
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