Last updated at: (Beijing Time) Friday, March 14, 2003
Bush Renews Sanctions Against Iran
US President George W. Bush on Thursday extended by one year the sanctions against Iran, saying that the Asian country poses "unusual and extraordinary threat" tothe United States.
US President George W. Bush on Thursday extended by one year the sanctions against Iran, saying that the Asian country poses "unusual and extraordinary threat" tothe United States.
The sanctions, initially imposed by President Bill Clinton on March 15, 1995, block US firms and citizens from making any oil dealings with Tehran.
In a decree on the renewal of the sanctions, President Bush accused Iran of engaging in "support for international terrorism, efforts to undermine the Middle East peace process, and acquisition of weapons of mass destruction and the means to deliver them."
In his State of the Union address last year, President Bush listed Iran in the so-called "axis of evil," together with Iraq and the Democratic People's Republic of Korea.
The administration has recently accused Iran of speeding up efforts to seek nuclear weapons. But Iran has flatly rejected the allegations, saying that its nuclear programs are purely designed for peaceful purposes.