UP

China slams new US sanctions on Iran’s metal industry

Home page World
12 Punto 14 Punto 16 Punto 18 Punto

China has once again defended its trade ties with Iran, expressing opposition to the new set of unilateral US sanctions targeting the Islamic Republic’s metal, mining and oil sectors.

Axar.az reports citing Press TV that, Chinese Commerce Ministry spokesman Gao Feng said Thursday that Tehran and Beijing are important trade partners, and that China will defend the rights of its firms in the face of growing US pressure on Tehran.

His comments comes a day after US President Donald Trump imposed new sanctions on Iran, targeting its revenue from its exports in the metal and mining sectors.

An executive order issued by Trump also said individuals and entities face sanctions for knowingly engaging in a significant transaction for the sale, supply, or transfer to Iran of goods or services related to those industrial metal sectors.

The Chinese official further repudiated Washington’s decision to end sanctions waivers it had granted to the major importers of Iranian oil, including China, warning that the policy will only worsen volatility in global energy markets.

China is Iran’s biggest oil client and America’s decision has added another fault line to already strained relations between Washington and Beijing, which are already engaged in a trade war.

The White House said in a statement on April 22 that the decision to end the exemptions was intended “to bring Iran’s oil exports to zero,” around a year after it abandoned a 2015 multinational nuclear deal with Iran and reinstated its sanctions against the Islamic Republic in a much-criticized move.

Date
2019.05.09 / 15:39
Author
Axar.az
See also

No Putin-Biden meeting planned - Rubio

Fire erupts at Italian tourist camp: 600 evacuated

Erdogan, Austrian PM discuss Ukraine crisis

Flight restrictions imposed at Moscow airports

Israel vows stronger strikes if threatened by Iran - Katz

Starmer and Macron discuss peacekeeping plans

Zelensky: Putin rejects peace, seeks to expand war

Houthi leader vows to continue attacks on ships

Iran doubling down efforts to acquire nuclear weapons

Rubio: Hopeful on Gaza deal, Witkoff to hold talks soon

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla