20 MAY 2011
EU diplomats say the bloc is expected to extend its sanctions against Iran despite Tehran's offer to resume talks with the five permanent members of the UN Security Council plus Germany.
The European Union is expected to add about 100 companies to its embargo list in the latest round of sanctions, which is due to be approved and announced Monday by the bloc's foreign ministers, AFP quoted EU diplomats as saying on Thursday.
According to diplomats, who asked not to be named, Germany's Hamburg-based Europaeisch-Iranische Handelsbank (European-Iranian Trade Bank, EIH) would be included in the bloc's new sanctions.
Reports say the US and Israel have pressured Germany to impose sanctions against the bank as part of Washington's propaganda against Tehran.
The measure comes despite Iran's readiness to resume negotiations with P5+1 members, including China, France, Russia, Britain and the US plus Germany.
Read entire article