Iran may ban import of all European goods

Jan 29, 2012 |

IANS

TEHRAN

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Iran may ban imports of all products from Europe as an answer to the European Union (EU) which has voted against oil imports from Tehran.

Nasser Sudani, deputy chairman of the parliamentary committee on energy, said a bill worked out by parliament stipulated an immediate cease of oil exports to the EU, without waiting for the coming into force of the EU-initiated ban.

It also "obliges the government to ban import of all goods from the states which imposed sanctions against our country", Sudani told the media.

The EU voted last week to ban oil imports from Iran. The move came after Tehran announced it had launched a nuclear enrichment programme at a well-protected underground facility near the holy Shia city of Qom.

Sudani also said the EU sanctions will hit Europe itself because Western countries had no other sources to compensate their oil demand.

The sanctions were likely to hike oil prices, and Europe will have to pay more as it will buy Iranian oil through mediators, he said.

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