EU Plans Massive Iran Sanctions

EU Plans Massive Iran Sanctions

The statement by the EU foreign ministers after their meeting in Brussels on Monday sounded harmless: the EU would stick to its "dual track" approach of threatening economic sanctions and offering negotiations to stop Tehran developing nuclear weapons.

So far, however, that strategy hasn't worked. Iranian President Mahmoud Ahmadinejad announced plans on Monday to build two new uranium enrichment plants despite warnings issued by the UN Security Council, the US and Europe. "The world powers should not be worried as all our nuclear activities are strictly supervised by the inspectors of the International Atomic Energy Agency (IAEA)," Foreign Ministry spokesman Ramin Mehmanparast said in a press briefing in Tehran on Tuesday.

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