Canada imposes new sanctions against Iran
On Monday, Foreign Affairs Minister Lawrence Cannon announced that the federal government was toughening sanctions against Iran. The announcement, which was co-ordinated with other countries, came as a response to Iran’s continuing refusal to stop uranium enrichment activities.
The Special Economic Measures (Iran) Regulations are effective immediately and are designed to curb the progress of Iran’s nuclear programs.
In addition to prohibitions against dealing in nuclear, chemical, biological and missile technology, new investments in Iran’s oil and gas sector and the export of items and technology for refining oil and gas have also been banned.
