China Dismisses Sanctions against Iran

TEHRAN (Fars News Agency)- China holds that all parties concerned should refrain from taking any action that may lead to the escalation of the situation on Iran nuclear issue, Chinese Foreign Ministry spokesman Liu Jianchao said.

Liu said some new situation emerged in Iran nuclear issue and China will continue to consult with other members of UN Security Council on relevant issues, Xinhua reported.

Iran confirmed to have launched a second cascade of centrifuges last Sunday and vowed to conduct peaceful utilization of nuclear energy.

The United States and EU3 -England, Germany and France- are calling for a draft UN resolution that would impose sanctions on Iran.