Global Market Data
Tales from the Trail
Lucy P. Marcus
David Cay Johnston
The Great Debate
Macro & Markets
Personal Finance Video
Life & Culture
Our top photos from the last 24 hours. Full Article
Best photos of the year
Google Beware: Apple Wins Patent Ruling, More Suits Could Follow
Deutsche Telekom could be forced into arms of Sprint
Analysis: The power behind the throne in North Korea
Wall Street surges; traders eye year-end rally
Blizzard conditions blamed for at least six deaths
Ron Paul gains ground, further stirring Republicans
Ron Paul strongly defends anti-war policies
North Korea state TV says Kim Jong il has died
Japan picks the F35 as regional uncertainty rises
Mon, Dec 19 2011
Egypt riot police clear Tahrir
North Koreans mourn Kim's death
Mon, Dec 19 2011
Euro zone bank stress test calculator
Use the Reuters Breakingviews stress test calculator to calculate how the Target core Tier 1 capital ratio and sovereign haircut levels affect the amount of capital banks need to pass the stress test. Full Coverage
Diplomats agree to increase pressure on Iran
Oil up on supportive economic data, supply worry
Rome meeting analyses Iran oil embargo
Oil edges up on supply worry; EU, North Korea eyed
Mon, Dec 19 2011
Oil slips on Europe concern, posts second weekly loss
Fri, Dec 16 2011
Russia seizes Iran-bound radioactive material
Fri, Dec 16 2011
Analysis & Opinion
Many U.S. surgeons don’t discuss patients’ wishes in end-of-life care: study
Hara-kiri, British style
United Nations »
By Roberto Landucci and Philip Pullella
Tue Dec 20, 2011 3:58pm EST
ROME (Reuters) - Diplomats from the United States, the European Union and other allies agreed on Tuesday to step up pressure on Iran to force it to resume talks over its nuclear program, an Italian diplomatic source said.
The diplomats from the so-called "group of like-minded nations" met in Rome to discuss further sanctions against Iran, which could include a possible EU oil embargo.
"The participants repeated the need for Iran to conform to resolutions of the United Nations and the IAEA (the U.N. International Atomic Energy Agency), and asked the country to satisfy demands by the international community for timely and immediate clarifications on its nuclear program," the source said.
"The participants expressed a strong determination to continue to work together to reinforce pressure on Iran to re-start negotiations," he added, giving no further detail.
Iran faces tightening sanctions over a nuclear program it says is for peaceful power generation, but which its foes suspect is aimed at developing nuclear weapons.
The closed-door meeting took place under the auspices of the Italian foreign ministry.
Diplomats said earlier it would consider the arguments around a possible EU oil embargo against Iran. A decision may be made when EU foreign ministers next meet in January.
Participants were countries that have imposed bilateral sanctions on Iran over its nuclear program that go beyond U.N. Security Council sanctions.
The group includes the United States, the European Union and several European nations, Australia, Japan, South Korea and other countries but it was not clear if all of them were represented. The United States attended.
The small informal group has been meeting for two years and its goal is to share information and discuss the next steps in the sanctions process.
The United States has long banned Iranian crude oil imports and last week Congress voted through restrictions on dealing with the Iranian central bank.
The White House must decide whether or not to grant waivers to major Iranian oil importers like China, India and South Korea that need to deal with the bank to pay for Iran's crude.
In Vienna, an Iranian envoy said Teheran had invited the U.N. nuclear watchdog to visit for talks and would be ready to discuss concerns about its disputed atomic ambitions.
Western diplomats tend to see such invitations as attempts by Iran, a major oil producer, to buy time and ease international pressure without heeding U.N. demands to curb nuclear work which could be used for making atomic bombs.
Previous visits to Iran by senior IAEA officials have failed to make significant progress towards resolving the long-running row over Iran's nuclear program, a dispute which has the potential to spark a wider conflict in the Middle East.
(additional reporting by Fredrik Dahl in Vienna, Writing by Philip Pullella; Editing by Alessandra Rizzo)
We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
Be the first to comment on reuters.com.
Add yours using the box above.
Back to top
New York Legal
Support & Contact
Advertise With Us
Connect with Reuters
Our Flagship financial information platform incorporating Reuters Insider
An ultra-low latency infrastructure for electronic trading and data distribution
A connected approach to governance, risk and compliance
Our next generation legal research platform
Our global tax workstation
About Thomson Reuters
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.