On Wednesday, the Majlis (Iranian parliament) passed a bill in reaction to Resolution 1737, which bans Iran's import or export of dual-use items related to nuclear and missile technologies. The resolution also freezes the asset of 10 companies and 12 individuals and threatens Tehran with further non-military sanctions if Iran does not halt its nuclear enrichment program at once.
The bill was approved by an overwhelming majority, with 161 votes in favor, 15 against, and 15 abstaining. Minutes later, the bill was approved by the Guardian Council. The watchdog body has never approved a bill so quickly since its creation in the aftermath of the 1979 Islamic Revolution. It will take effect 15 days after being signed by President Mahmoud Ahmadinejad. Read full story
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