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Monday, July 26, 2010

Turkey to observe only UN sanctions on Iran: report

ANKARA: Turkey will abide by UN sanctions on neighbouring Iran but will not follow tougher measures imposed by the United States and the European Union, a minister said in a newspaper interview Monday.

“We will fully implement UN resolutions but when it comes to individual countries’ demands for extra sanctions we do not have to,” Finance Minister Mehmet Simsek told the Financial Times.

“The facilitation of trade that is not prohibited under UN resolution should and will continue,” he said.

If a trade deal needs to be financed, “we will have to find a way to pay for it,” he added.

Turkey voted against a fourth round of UN sanctions against Iran when the Security Council, where it holds a non-permanent seat, approved the measures in June to increase pressure on Tehran over its nuclear programme.

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