Trump warns nations from trading with Iran amid USA sanctions

Elias Hubbard
August 8, 2018

"China's commercial cooperation with Iran is open and transparent, reasonable, fair and lawful, not violating any United Nations Security Council resolutions", it added in a faxed statement to Reuters. It is Iran's biggest oil customer, taking in more than 650,000 barrels per day from the country.

The Rodong Sinmun also ran a story on Wednesday appearing to support Iran's own recent pushback against the US, saying the "threats and sanctions regime can not affect the will and spirit of the Iranian people".

Chinese companies are also interested in Iran's oil and gas projects.

State energy firms CNPC and Sinopec have invested billions of dollars in key Iranian oil fields such as Yadavaran and North Azadegan and have been sending oil to China.

While cheered by Prime Minister Benjamin Netanyahu and other senior Israeli officials, the reimposition of United States sanctions was bemoaned by the nuclear deal's European signatories and the EU, which defended the accord and vowed to protect European firms from USA economic penalties.

Trump tweeted on Tuesday: "These are the most biting sanctions ever imposed, and in November they ratchet up to yet another level".

On Tuesday, Russia said it was "deeply disappointed by United States steps to reimpose its national sanctions against Iran" as it pledged to do "everything necessary" to protect its shared economic interests with Tehran.

Russian Federation called on the global community to save the 2015 nuclear deal with Iran and "not to allow such significant achievements in multilateral diplomacy to be sacrificed in the name of American aspirations to settle political scores with Iran".

Iranian Foreign Minister Mohammad Javad Zarif was cited by an Iranian newspaper, as saying that a U.S. plan to stop Iranian oil exports will not succeed.

The high-level meeting follows the reimposition of sanctions on Iran by the US on Tuesday, which a White House statement said targeted the country's energy sector and foreign financial institutions doing business with the Central Bank of Iran.

Iran dismissed a last-minute offer from the Trump administration for talks, saying it could not negotiate while Washington had reneged on a 2015 deal to lift sanctions in return for curbs on Iran's nuclear program.

"Imagine negotiating now - how can we trust them?"

"If you stab someone with a knife and then you say you want talks, then the first thing you have to do is remove the knife", Rouhani said in a speech broadcast live on state television.

"Anyone who knows anything about Iran's behavior knows that the Iranians escalate when they sense American mush and they back down when they perceive American steel".

The national security adviser explained that the sanctions are meant to motivate the Iranian regime to "commit to give up their nuclear weapons program, their ballistic missiles, their support for terrorism".

The comments from Beijing and Berlin signaled growing anger from partners of the United States, which reimposed strict sanctions against Iran on Tuesday, over its threat to penalize businesses from third countries that continue to operate there.

On Tuesday, Syria also stressed its support for Iran as it "sharply condemned the American administration's decision to reimpose economic sanctions on Iran".

Other reports by Click Lancashire

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