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Last update - 21:56 09/06/2008 At joint summit, EU and U.S. to launch extra Iran sanctions By The Associated Press Tags: EUropean Union  The European Union and the United States will warn Iran on Tuesday they are ready to go beyond agreed UN sanctions if it shuns demands to suspend sensitive nuclear work, according to a draft summit communique. The draft, obtained by Reuters ahead of an EU-U.S. summit in Slovenia on Tuesday, raises the possibility of a crackdown on Iranian banks, the area where Washington has long urged the EU's 27 states to apply more pressure on Tehran. "We are ready to supplement those [UN Security Council] sanctions with additional measures," said the final draft of the communique, to be issued at President George W. Bush's last U.S.-EU summit. Advertisement "We will continue to work together... to take steps to ensure Iranian banks cannot abuse the international banking system to support proliferation and terrorism," the draft added. The U.S. envoy to the EU said Washington was keen for the EU to act as quickly as possible. "We want to make sure they are going as fast as they can," C. Boyden Gray told reporters in Slovenia ahead of the summit. Western countries suspect Iran is seeking the ability to make nuclear weapons. Tehran insists its secretive programme is purely aimed at generating energy. The U.N. Security Council passed a third sanctions resolution against Iran in April and Washington has pressed the EU to deny targeted Iranian banks access to the international financial system. EU diplomats had said in recent weeks the bloc was ready to go beyond the sanctions, pointing to rigorous applications in the past of travel bans and asset freezes on Iranian officials as proof that the bloc can take a tough line. They say the EU is preparing an asset and funds freeze on Iran's biggest bank, state-owned Bank Melli, but that it first wants to see how Tehran responds to a new offer of incentives by major powers for it to suspend uranium enrichment. EU foreign policy chief Javier Solana is due to take that offer to Tehran before the end of the month as part of carrot-and-stick diplomacy known as the "dual-track" strategy. "We affirm the dual track strategy on this issue which was reinforced by the incentives package and reiterate our belief that a mutually satisfactory, negotiated solution remains open to Iran," the summit draft said. U.S. Secretary of State Condoleezza Rice said last month the United States would "aggressively" impose more sanctions on Iran as long as it refused to give up nuclear work. Bookmark to del.icio.us   Sign of life Family of abducted IDF solider Gilad Shalit receives new sign of life. Happy Jews San Francisco museum details positive impact of Jews on city.   1.   The Truth Makes No Difference 22:07  |  Cool B 09/06/08   2.   Do they think Iran`s bankers are dumb? 22:33  |  Clickfool 09/06/08   3.   these sanctions should already be applied 22:44  |  Cipora Julianna Kohn 09/06/08   4.   The dice is cast 22:49  |  Peter 09/06/08   5.   Great business opportunity for Chinese 22:55  |  spyguy 09/06/08   6.   Iranian Bankers not dumb 22:56  |  Ellen 09/06/08   7.   Ahmadi Nejad 22:58  |  Ellen 09/06/08   8.   #1 cool B 22:59  |  Shaka 09/06/08   9.   Deal with it 23:37  |  Pablo 09/06/08   10.   Just a symbolic gesture without any means for a outgoing 23:43  |  Kris Lazar 09/06/08   11.   For Cipora # 3 00:09  |  Clickfool 10/06/08   12.   # 3 CJK 00:15  |  Axel 10/06/08   13.   #1 Cool B already forgets history! 00:24  |  DR 10/06/08   14.   #1 Cool B 01:51  |  ballistic 10/06/08   15.   Cool B contradicting himself 02:30  |  Jewboy 10/06/08   16.   Not necessarily Clickfool 02:49  |  Jewboy 10/06/08   17.   # 14 DR 14:09  |  Axel 10/06/08

Read & React Shalit's father: Gilad begs for his life in new letter Responses: 84 Israeli envoy to London: U.K. has become hotbed of anti-Israeli views Responses: 72 Arab towns to hand out 'Nakba' alternative history booklet outside schools Responses: 27 Moshe Arens: Israeli politicians using Iran threat to ignore Gaza rockets, cede Golan Responses: 18 Amir Oren: Olmert is an albatross around neck of Washington Responses: 3 Rosner's Domain On a par with the policies of President Bush Should you mess with the Zohan? (WTR) Poll: Philip Roth, Victor Frankl or Leon Uris? Obama and Jerusalem: did you really believe him? What did Obama say to Joe Lieberman? (WTR) More Headlines 14:20 Hamas: IAF strike kills 3 Gaza mortar gunners 13:35 Olmert, Livni and Barak debate: Truce or broad IDF op in Gaza 13:04 Abducted soldier Shalit's father: Gilad begs for his life in new letter 09:41 Congress gets behind Israel's aid request 09:50 Israeli envoy to London: U.K. has become hotbed of radical anti-Israeli views 13:29 Mubarak stays away from Med union summit to shun Assad 14:18 Israeli TV commercial pokes fun at Iran nuclear threat 14:20 Poll: 90% of public believes Israeli leadership rife with corruption 11:48 Poland loses to Germany in Euro, as 1939 Nazi conquest again makes headlines 10:58 Turkish, Israeli sources: Israel-Syria talks to resume Thursday 12:51 Palestinians: Israel transfers delayed tax money, but millions missing 11:52 Arab towns to distribute 'Nakba' alternative history booklet outside schools 11:20 Interior Min. sets up unit to grant refugee status 11:31 Jewish pilot tapped for U.S. Air Force chief position Previous Editions Select Day 09 jun 08 jun 06 jun 05 jun 04 jun 03 jun 02 jun 01 jun 30 may 29 may 28 may 27 may

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