Financial Times FT.com

Wary US backs away from strong sanctions on Iran

By Guy Dinmore in Washington

Published: March 26 2007 03:00 | Last updated: March 26 2007 03:00

The unanimous UN Security Council resolution imposed on Iran at the weekend illustrates how the Bush administration has made keeping international unity a higher priority than imposing significant sanctions that would materially hurt Tehran.

Washington had to back away from some of its initial proposals, including a ban on all export credits and non-humanitarian financing for Iran, but analysts and western diplomats said the 15-0 vote on Saturday would demonstrate again to Iran its failure to divide the international community over the nuclear issue.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this