The looming UN Security Council vote on new sanctions against Iran will implement the “most significant sanctions” ever, according to Secretary of State Hillary Clinton.
According to Chinese officials, however, the only reason they are supporting the sanctions at all is because they were convinced they would have no effect on Iran’s economy.
The Obama Administration has been seeking the sanctions since January, initially to punish Iran for refusing to agree to a third party enrichment deal but now, since Iran has agreed to the third party enrichment deal, for other, vaguer reasons.
Iran has cautioned that it will withdraw from any future nuclear talks in retaliation if the sanctions are passed, noting that after the US angrily rejected the long-demanded enrichment deal that there was little point in continuing to negotiate anyhow.