The European Union has imposed new sanctions against Iran in protest of its nuclear program.

Current EU president France said EU nations would show restraint in giving public loans that help companies trading with Iran and would carefully watch financial groups doing business with Iranian banks, especially the Saderat bank.

EU countries will also inspect airplanes and ships traveling to and from Iran, notably Iran Air Cargo and the Islamic Republic of Iran Shipping Line, to check that they are not carrying contraband to the country.