Israel to Press U.S. on Iran Sanctions Loopholes


israeli-finance-minister-yuval-steinitzThe time has come for President Obama to give Iran a “very clear ultimatum, very clear deadline combined with a very credible military threat,” Israeli Finance Minister Yuval Steinitz said Monday.

He said Israel views the financial sanctions imposed on Iran by the Obama administration as “very serious and very effective and the Iranian economy is in bad shape already now,” noting that “for the first time maybe at least some Iranians” are questioning whether the nuclear program is “worth the cost.”

Steinitz said he would discuss with U.S. officials what Israel perceives as loopholes in sanctions and Iran’s efforts to subvert legal restrictions.

{ Israel News Bureau}


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