*Administration of Barack Obama, 2012 *

**Statement on the European Union's Sanctions on Iran **

*January 23, 2012 *

I applaud today's actions by our partners in the European Union to impose additional sanctions on Iran in response to the regime's continuing failure to fulfill its international obligations regarding its nuclear program. These sanctions demonstrate once more the unity of the international community in addressing the serious threat presented by Iran's nuclear program. The United States will continue to impose new sanctions to increase the pressure on Iran. On December 31, I signed into law a new set of sanctions targeting Iran's Central Bank and its oil revenues. Today the Treasury Department announced new sanctions on Bank Tejerat for its facilitation of proliferation, and we will continue to increase the pressure unless Iran acts to change course and comply with its international obligations.

*Categories:* Statements by the President : European Union, sanctions on Iran*.*

*Subjects:* Arms and munitions : Nuclear weapons and material :: Nonproliferation efforts; Europe : European Union :: Common foreign and security policy; European Union : Relations with U.S.; Iran : International sanctions; Iran : Nuclear weapons development; Iran : U.S. sanctions.

*DCPD Number:* DCPD201200047.