Switzerland toughens sanctions regime against Iran
RIA Novosti

The Swiss government approved on Wednesday the introduction of further United Nations sanctions against Iran over its nuclear program, ATS Swiss Telegraph Agency reported.

On June 9, the UN Security Council approved a fourth round of sanctions, including tougher financial controls and an expanded arms embargo, as well as an asset ban on three dozen companies and a travel freeze on individuals.

Later, the United States and the EU imposed extra unilateral sanctions against Iran, including tougher restrictions on the energy sector and a tougher trade embargo.

Since the end of June, Switzerland has denied visas to 36 Iranian citizens and frozen the accounts of 40 Iranian companies in Swiss banks.

Currently over 1.5 million Swiss francs (about $1,440,000) are frozen in Swiss banks over the Iranian sanctions.

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