The Central Bank of Iran Reportedly Targeted
The US is seeking European support for tougher sanctions on Iran. The Treasury Undersecretary David Cohen today met with British officials in London to discuss potential new sanctions in the aftermath of the alleged Iranian plot to kill the Saudi ambassador to Washington. Cohen will also visit Berlin, Paris and Rome during the week.
“Iran needs to be held accountable for this plot,” Secretary Cohen said [AP, 24 October].
It is reported that the US is seeking the support for bringing sanctions against the Central Bank of Iran (CBI). Such move, if implemented, would by far be the most serious sanction against the country, with potentially devastating effects on the Iranian economy.
“We are going to continue to look at those financial institutions that are involved with proliferation activity for Iran and continue to try to isolate them from the international financial sector,” Cohen added.