facebook
twitter
rss
account
search
search
 

U.S. official: Sanctions on Iran working

Dec. 31, 2012 at 5:42 AM   |   Comments

TEL AVIV, Israel, Dec. 31 (UPI) -- There appear to be signs Iran is interested in seeking a resolution to international concerns about its nuclear program, a U.S. administration official said.

In an interview Monday on Israeli Army Radio, Treasury Undersecretary David Cohen Cohen said, "We have recognized signs that Iran is interested in finding a solution through negotiations.

"The year 2012 was one of the hardest faced by the Islamic Republic," he said, noting "the painful economic situation in Iran will worsen if Tehran does not cooperate. ... It was a difficult year for the regime, especially on the economic front. We saw oil exports in Iran drop 50 percent and its currency also lost in value."

U.S. officials said they have seen indications in recent weeks Iran is interested in negotiations, Cohen said. Economic sanctions and U.S. pressure on Tehran appear to have greatly affected Iran, he said.

Cohen, who is undersecretary for terrorism and financial intelligence at the Treasury Department, cautioned however, "the window of opportunity will not remain open forever."

Topics: David Cohen
© 2012 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
Jessica Arrendale dies shielding daughter from boyfriend with gun Jessica Arrendale dies shielding daughter from boyfriend with gun
2
Great white shark circling surfers photographed by drone Great white shark circling surfers photographed by drone
3
Caitlyn Kovacs' death likely 'alcohol-related,' prosecutor says Caitlyn Kovacs' death likely 'alcohol-related,' prosecutor says
4
Virgin America plane diverted after man tries to open cabin door Virgin America plane diverted after man tries to open cabin door
5
Sarah Palin defends family's involvement in drunken party brawl Sarah Palin defends family's involvement in drunken party brawl
Trending News
Video
x
Feedback