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The United Nations has decided sanctions are to be applied on Iran.

"Iran considers the new U.N. Security Council resolution ... an extralegal act outside the frame of its responsibilities and against the U.N. charter," the statement said Saturday.
"The Iranian nation has not delegated its destiny to the invalid decisions of the U.N. Security Council and won't do so (in the future)," it said.
The resolution, adopted unanimously Saturday, orders all countries to ban the supply of specified materials and technology that could contribute to Iran's nuclear and missile programs. It also imposes an asset freeze on key companies and individuals in the country's nuclear and missile programs named on a U.N. list.
If Iran refuses to comply, the resolution warns Iran that the council will adopt further non-military sanctions.
"The new resolution won't be an obstacle in the way of Iran's nuclear progress," the statement said. "The Iranian nation, relying on its national capabilities and within the framework of its rights stipulated in the Nuclear Non-proliferation Treaty, will continue its peaceful nuclear activities."
Iran "will start operating 3,000 centrifuges in Natanz in continuation of its peaceful nuclear research activities under the supervision of the International Atomic Energy Agency," the statement said naming the location of its uranium enrichment plant in central Iran.

U.N. Security Council Passes Iran Sanctions

Source: The New York Times
UNITED NATIONS, Dec. 23 — The Security Council on Saturday unanimously approved sanctions intended to curb Iran’s nuclear program, capping months of negotiations over how severe and sweeping the restrictions should be. The resolution, prepared by Germany and the Security Council’s five permanent members — the United States, Britain, France, Russia and China — bans the import and export of materials and technology used in uranium enrichment, reprocessing and ballistic missiles. Alejandro D. Wolff, the acting American ambassador to the United Nations, hailed the measure as an “unambiguous message that there are serious repercussions” for Iran’s pursuit of its nuclear ambitions. He added, however, that it was “only a first step,” saying, “If necessary, we will not hesitate to return to this body for further action if Iran fails to take steps to comply.” The resolution, which mandates compliance but restricts punishment to nonmilitary measures, has been in the works since Iran flouted the Security Council’s call for a “full and sustained suspension” of nuclear activities by Aug. 31. It is weaker than proposals in earlier drafts, which started circulating in October, after repeated changes intended to placate Russia, which has strong economic ties with Iran. Throughout the process, Russia’s objections were often seconded by China. Uranium enrichment is the first step in making fuel that can be used for nuclear power plants, or for nuclear weapons. Iran has maintained that it has the right to pursue its nuclear program, which it says is aimed at generating electricity. Iran’s United Nations ambassador, Javad Zarif, greeted the resolution’s passage with a lengthy and critical address, saying that it “can only remind the Iranian people of the historical injustices this Security Council has done to them” and that the Council should focus its efforts instead on Israel, which he declared an “actual threat to international peace and security.” The measure would freeze the assets of 12 Iranians and 10 companies said to be involved in nuclear and ballistic missile programs. It also would give a new committee the authority to amend the list later. The final version of the text, however, qualifies the asset freeze in some respects, for example by giving countries more latitude to unfreeze certain assets than previous drafts would have allowed. In an effort to maintain their sometimes fragile coalition, the Americans and Europeans also agreed to eliminate a mandatory travel ban on those people said to be involved in nuclear activities. While older drafts had mandated that all states “prevent entry” of such people, the final version of the resolution simply “calls upon” states to “exercise vigilance” over their borders. In another nod to Russia, the resolution was amended to exclude any sanctions against a nuclear power plant that Russia is building at Bushehr, in southern Iran. R. Nicholas Burns, the American under secretary of state for political affairs, said that the Security Council’s unanimous approval of the measure was “significant,” and that the “process of compromise that allowed us to reach this resolution was worth it in that respect.” He said he hoped that it would encourage other countries and organizations to adopt sanctions against Iran, and noted that harsher economic penalties could follow if Iran failed to halt its nuclear program within 60 days. The Security Council was initially expected to approve the resolution on Friday, but as recently as Friday morning, Russia’s ambassador to the United Nations, Vitaly I. Churkin, voiced concerns that the text threatened legitimate business deals. Mr. Churkin maintained that the resolution was intended to prod Iran to negotiate, not to punish it. Several small 11th-hour revisions, however, allayed Moscow’s concerns, including the removal of one company, Aerospace Industries Organization, from the list of those involved in Iran’s ballistic missile program. Several of the company’s subsidiaries remain on the list. “We believe that the resolution is written in a way which should not allow hindering legitimate activities,” Mr. Churkin said Saturday. “We’ll see what happens in the course of implementation.” For years, some officials within the American government have pressed for the Security Council to adopt sanctions to halt Iran’s nuclear pursuits. In June, the five permanent Security Council members plus Germany offered Iran a package of economic and political incentives to halt its nuclear program. The offer was rejected, setting the stage for the Aug. 31 deadline and, ultimately, the sanctions resolution. The resolution’s European sponsors emphasized that they hoped it would inspire Iran to cooperate. Emyr Jones Parry, Britain’s ambassador, said the “long, complicated, sensitive” negotiation had culminated in a “very tough message.” Jean-Marc de la Sablière, the French ambassador, said: “Iran has now a very clear-cut choice to make. Cooperate with the international community or be more and more isolated. And we hope that Iran will make the right choice, the choice of dialogue.”

Reading the above it becomes obvious that the sanctions do not go far enough. Thus, Israel continues to be under the gun with the threat of nuclear attack by a nation that has already stated that it intends to "wipe Israel off the map".