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U.S. new sanctions against Iran to bring disaster to the Chinese Kunlun Bank

One of the two new sanctions to impose new sanctions on Iran's energy and petroleum chemical industry, a move aimed at forcing Iran to establish a payment mechanism to bypass the existing sanctions can not export oil.
 
Obama said, after the introduction of a new round of sanctions, the purchase of or access to Iran's petrochemical products will be subject to U.S. sanctions. Meanwhile, those who do business with the National Iranian Oil Company, or the Central Bank of Iran, as well as helping Iran to buy U.S. dollars or precious metals, individuals and entities will also be subject to sanctions.
 
Second sanctions against doing business with sanctioned Iranian banks Kunlun Bank and Iraq Ira France Muslim banks, two banks accused of a multi-million dollar transactions with Iranian banks, and provide financial services Bank of Iran is the object of U.S. sanctions, the United States believes that Iran's financial institutions and Iran's mass destruction weapons proliferation and support for terrorist-related.
U.S. Treasury sanctions statement for the above two banks in a new sanctions will cut off the contact of the Kunlun Bank and of Ira ??France Muslims Bank and the U.S. financial system and prevent them to get involved in the U.S. financial system. In addition, the U.S. government also requires any financial institution that holds the account of the two banks must be closed within 10 days.
 
The new sanctions aimed at its further isolate and punish Iran's refusal to fulfill its international obligations on its nuclear program, these steps is the commitment to prevent Iran from acquiring nuclear weapons part of the effort, "Obama said in a statement.



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