Foreign Minister Bob Carr
Foreign Minister Bob Carr

Carr announces new sanctions on Iran

AUSTRALIA is set to put more trade, financial and transport sanctions on Iran in a bid to pressure the Mid East nation to comply with the international nuclear non-proliferation agreement.

Foreign Minister Bob Carr announced the new sanctions on the trade, financial, energy and transport sectors on Thursday.

The sanctions will include restrictions of travel for people and companies involved in the oil, gas and financial sectors, and those related to Iran's nuclear proliferation activities.

Under the new measure, financial transactions between Australian and Iranian banks and various import and exports between the two nations will be prohibited.

The government will seek public input on a draft of the proposed sanctions before they are officially implemented.


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