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
Russia prepares militarization of Arctic Russia prepares militarization of Arctic
2
Freedom variant LCS takes to water Freedom variant LCS takes to water
3
New Pa. law aimed at Mumia Abu-Jamal allows lawsuits against inmates New Pa. law aimed at Mumia Abu-Jamal allows lawsuits against inmates
4
Toyota, Honda, Mazda, BMW, Nissan and GM all affected by defective airbag recall Toyota, Honda, Mazda, BMW, Nissan and GM all affected by defective airbag recall
5
79-year-old woman survives in desert for 5 days 79-year-old woman survives in desert for 5 days
Trending News
Around the Web
x
Feedback