Russia differs sharply with the West on how to win Tehran's cooperation. - Reuters photo

MOSCOW: Russia dismissed new U.S. sanctions targeting Iran's financial and energy sectors as “unacceptable” on Tuesday and said they would hurt the chances of renewing talks with Tehran over its nuclear programme.

A sharply worded Russian statement underscored Moscow's longstanding opposition to sanctions beyond those endorsed by the United Nations Security Council, where Russia holds veto power as a permanent member.

“We again underline that the Russian Federation considers such extraterritorial measures unacceptable and contradictory to international law,” Foreign Ministry spokesman Alexander Lukashevich said in the statement.

It indicated that despite agreement last week on a U.N. nuclear agency board resolution that expressed increasing concern about Iran's nuclear programme, Russia differs sharply with the West on how to win Tehran's cooperation.

“Such practices ... seriously complicate efforts for constructive dialogue with Tehran,” Lukashevich said.

The United States, which fears Tehran's nuclear programme is aimed at developing atomic weapons, named Iran on Monday as an area of “primary money laundering concern” in a step designed to dissuade non-U.S. banks from dealing with it.

It also blacklisted 11 entities suspected of aiding Iran's nuclear programme, which Tehran says is meant for peaceful purposes including power generation, and expanded sanctions to target companies that aid its oil and petrochemical industries.

Opinion

Merging for what?

Merging for what?

The concern is that if the government is thinking of cutting costs through the merger, we might even lose the functionality levels we currently have.

Editorial

Dubai properties
Updated 16 May, 2024

Dubai properties

It is hoped that any investigation that is conducted will be fair and that no wrongdoing will be excused.
In good faith
16 May, 2024

In good faith

THE ‘P’ in PTI might as well stand for perplexing. After a constant yo-yoing around holding talks, the PTI has...
CTDs’ shortcomings
16 May, 2024

CTDs’ shortcomings

WHILE threats from terrorist groups need to be countered on the battlefield through military means, long-term ...
Reserved seats
Updated 15 May, 2024

Reserved seats

The ECP's decisions and actions clearly need to be reviewed in light of the country’s laws.
Secretive state
15 May, 2024

Secretive state

THERE is a fresh push by the state to stamp out all criticism by using the alibi of protecting national interests....
Plague of rape
15 May, 2024

Plague of rape

FLAWED narratives about women — from being weak and vulnerable to provocative and culpable — have led to...