Israel Update
ISRAEL UPDATE July 30, 2010
E.U. Adopts New Iran Sanctions
On Monday, the European Union formally adopted a package of new sanctions against Iran, targeting the country's foreign trade, banking and energy sectors. "We have a comprehensive set of sanctions," said E.U. foreign policy chief Catherine Ashton. "This is something where we have all 27 countries working together." The move, which was agreed to in principle by E.U. leaders in June, is the latest in a series of measures taken by the international community in an effort to halt Iran's nuclear program. The new measures will come into force in the next few weeks, after they are published in the bloc's official gazette, officials said.
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