France, Germany and UK Preparing Additional Sanctions on Iran

Thursday's Financial Times reports that Germany, France and the United Kingdom have prepared a list of 34 Iranian entities and 10 individuals that could be subject to trade sanctions.

According to the article, the names on the list are "allegedly linked to Iran’s covert nuclear or biological weapons programmes" and some of the entities, such as Bank Tejarat, already appear on the U.S. Treasury Department's Specially Designated Nationals List and on the list of Iranian entities subject to U.N. sanctions.

The article also notes that several EU countries, including Greece, Cyprus, Spain, Austria and Sweden are opposed to the additional sanctions.