Wednesday Jan 29, 201408:11 AM GMT
I will veto new Iran sanctions: Obama

US President Barack Obama says he will use his veto power in case the Congress votes for new sanctions against the Islamic Republic of Iran.

Delivering the State of the Union address at the US Capitol in Washington on Wednesday, Obama said that new embargoes would spoil Washington’s efforts to give diplomacy a chance over Tehran’s nuclear issue and warned to veto the new sanctions.

“If this Congress sends me a new sanctions bill now that threatens to derail these talks, I will veto it,” he said, referring to the nuclear negotiations between Iran and six world powers, including the US.

The draft sanctions bill against Iran was introduced by Chairman of the US Senate’s Foreign Affairs Committee Robert Menendez and Senator Mark Kirk on December 18, 2013. It would impose further sanctions on Iran, targeting the country’s energy, shipping and mining sectors.

The bill would violate the terms of an agreement reached on November 24, 2013 between Iran and the five permanent members of the United Nations Security Council - Britain, China, France, Russia, the United States – plus Germany in Geneva, Switzerland.

Obama, however, repeated his threat “to exercise all options” against Iran if the negotiations between Iran and the six world powers fail.

Under the Geneva deal, that came to force on January 20, the six countries undertook to provide Iran with some sanctions relief in exchange for Iran agreeing to limit certain aspects of its nuclear activities during a six-month period. It was also agreed that no nuclear-related sanctions would be imposed on Iran within the same timeframe.

Iran has warned that the imposition of new sanctions against the Islamic Republic will ruin the Geneva nuclear talks and the deal.

AR/HJL/HRB

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