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THE BATTALION
THURSDAY. APRIL 24. 1980
Page 11
United Press International
LUXEMBOURG — America’s
European Common Market allies
jve rallied behind President Car
d’s call for action against Iran and
jven the Tehran regime a blunt ulti-
„atum to free the 50 hostages in the
• $ Embassy by mid-May or face a
^ar-total economic blockade.
The nine member nations of the
European Economic Community
-ded a two-day meeting Tuesday
threatening to slap full economic
Ktions on Iran if the hostages are
(re leased by May 17, when the
•eign ministers are scheduled to
peel again in Naples.
They also imposed a number of
nmediate measures including a
Downgrading of diplomatic relations
Lithlran, a ban. on arms sales and a
nlea to businesses not to sign new
ontracts with the Iranians.
Diplomatic sources said the threat
fan American naval blockade and
jther military measures to force the
release of the hostages was in the
minds of ministers as they worked
out their response to Carter’s appeal.
The immediate punitive mea
sures, however, were largely cosme
tic, since the Community already has
minimal diplomatic relations with
Iran and already has banned arms
shipments.
Responding to accusations that
Europe has been slow in backing the
United States, British Foreign Sec
retary Lord Carrington said he
hoped the measures would be seen
in Washington as “evidence of our
support” for President Carter.
Carrington said the decision of the
EEC countries to prepare trade
sanctions in a matter of weeks, and
guarantee to implement them if
necessary was “hardly weakness.”
He added, Carter had been “enor
mously patient, but the ministers
realized that “you can’t go on being
patient forever.”
The ministers decided on full
automatic sanctions if the Iranians
have not made “decisive progress”
toward releasing the hostages by the
May 17 deadline.
They said the seizing of the hos
tages, now in their sixth month of
captivity, was “intolerable from a
humanitarian and legal point of
view. ”
The almost one-month period of
grace before imposition of sanctions
would enable several community
members to pass the appropriate
legislation through their Parlia
ments.
The nine countries also said they
would not purchase any more Ira
nian oil at above the official price of
the Organization of Petroleum Ex
porting Countries, and since Iran has
already exceeded that price, the ac
tion amounts to a ban on such purch
ases.
Lord Carrington told reporters
Britain’s reserves of North Sea oil
would not be sufficient to cover the
gap caused by the Iranian crisis.
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fast-round trade talks
United Press International
TEHRAN, Iran — Iran, slowly
eingcut off from the Western world
holding the 50 American hos-
ages, said Wednesday it is now
ding trade talks with the Soviet
Union.
While Iran was apparently taking
ps to assure its economic security,
t was racked by bloody violence on
university campuses and attacks
om Kurdish insurgents.
The word of the negotiations with
doscow came one day after the nine-
|iation European Economic Com-
nunity announced it wpuld impose a
de embargo against Iran unless
he hostages, in their 173rd day of
[:aptivity, were freed within a
month.
Tehran slapped an oil embargo on
Japan, Iran’s biggest trading partner,
t midnight Monday after Tokyo told
ygjnfrLkri:*
i 11 C 11
•oliar tails
is gold rises
United Press International
LONDON — The dollar opened
ower on European money ex-
nges Wednesday and the price of
old started $4.50-$7 higher an
once on the Zurich and London
llion markets.
As the dollar lowered on curren
cy markets gold moved quietly ahead
small speculative buying
fed,” a dealer for bullion brok-
i Mocatta and Goldsmid said.
Gold opened in Zurich $7 higher
$509.50 an ounce. In London,
pld opened at $510 an ounce, up
■ Tuesday’s close of $505.50.
The dollar opened in Frankfurt at
marks, down from 1.8595 at
e close Tuesday, in Paris at 4.2900
[rench francs against 4.32375 and in
at 1.7210 Swiss francs com-
Tedto 1.7380.
oil importers to turn down Iran’s de
mand for a $2.50-a-barrel price boost
to $35. Japan imported about
530,000 barrels a day.
A spokesman for the Iranian Fi
nance Ministry said the government
has begun high-level discussions
with a delegation from the Soviet
Union on ways of developing inter
national cooperation in trade.
He said the current talks would be
followed by a ministerial-level meet
ing in Moscow.
The Soviet delegation already has
met with officials from the ministries
of economy, energy and oil, the
spokesman said.
The talks coincided with an appa
rent warning to the EEC nations
from Iranian Oil Minister Ali Akbar
Moinfar, who said if “certain coun
tries” joined in the U.S. call for sanc
tions, they would be banned foreyer
from Iranian oil sources.
Besides threatening the trade
embargo, the EEC nations
announced they would downgrade
diplomatic ties with Iran and ban
arms sales.
In addition, they agreed not to buy
Iranian oil above the price set by
OPEC. Since Iran’s oil is now the
highest among OPEC countries, this
in effect meant the Common Market
countries would not be buying any
more Iranian oil.
The Iranian government, mean
while, called in the national guard to
quell spreading fighting on the na
tion’s university campuses — the
most violent clashes since the Isla
mic revolution toppled the shah.
Wailing relatives of university stu
dents besieged private and public
hospitals for news of those killed or
maimed in the fourth day of rioting.
Five people were reported killed
and more than 1,000 injured in a
clash Tuesday at the University of
Gilan, northwest of Tehran, and one
killed and more than 50 injured at
the University of Sistan and
Baluchistan in Zahidan, southeast of
Tehran.
In addition, reports from Kurdis
tan said tension was running high
throughout the area since govern
ment forces clashed with Kurdish
militants.
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