S.Korea Mulls Sanctions on Iran

South Korea is considering independent sanctions against Iran following the recent passage of legislation on comprehensive sanctions on Iran by the U.S. 

A senior official in Seoul said Thursday that the government has begun studying ways of implementing its own sanctions in order to join the international trend toward punishing Iran. 

The official added that related agencies are reviewing different types of sanctions, with the Ministry of Strategy and Finance playing a leading role. 

The official also said that the government is trying to define the upper and lower limits of the sanctions and that it will only consider sanctions that do not affect overall operations at South Korean companies. 

After the U.N. adopted a sanctions resolution on June tenth against Iran, U.S. allies --- such as the European Union, Australia, Canada and Japan --- adopted their own independent sanctions.