Adding Teeth to Iran Sanctions
David Ignatius, The Australian | March 9, 2010
The Obama administration is currently working on new UN sanctions designed to cut off funding to Iranian nuclear and missile activities, as well as the Iranian Revolutionary Guard’s vast network of companies. ++ Chinese participation is a crucial component to any sanctions regime, yet so far, US overtures to Beijing to sign onto its sanctions campaign have been met with little success. ++ The Obama administration hopes to change this by offsetting Chinese dependence on Iranian oil with reserves from the UAE and Saudi Arabia.
