Merkel, Sarkozy say sanctions and trade curbs on Iran possible |
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Published
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Mon, 12 Nov 2007 17:45
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BERLIN (Thomson Financial) - French President Nicolas Sarkozy and German Chancellor Angela Merkel warned Monday more sanctions may be necessary to persuade Iran to suspend nuclear work and opened the possibility of reducing trade ties with Tehran.'We are on the same wavelength: no nuclear weapons for Iran,' Sarkozy told reporters after talks with Merkel.'Germany and France believe in the usefulness of sanctions.'Merkel said she and Sarkozy had also considered other ways to tighten the screws on Iran if no agreement on sanctions could be struck within the UN Security Council.'We discussed how we and other European countries each want to reduce our trade links with Iran,' Merkel said.The chancellor noted that the German government had already reduced its export guarantees with Iran and that German banks had ceased to do business with the Islamic republic.Germany, however, remains one of Iran's most important economic partners.Merkel said there was 'broad agreement' on the need to urge China and Russia -- both Security Council members -- to support punitive measures if Tehran refused to comply with international demands.tf.TFN-Europe_newsdesk@thomson.comâafp/jlcCOPYRIGHTCopyright Thomson Financial News Limited 2007. All rights reserved.The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
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Germany's Merkel says further sanctions against Iran may be necessary 