Iranian Oil Imports Will Not Be Decreased, China Tells US

05 August, 2018, 18:27 | Author: Manuel Hopkins
  • China Rejects U.S. Request to Cut Iranian Oil Imports

"China always holds the view that JCPOA is a multilateral deal which is verified and approved by the United Nations Security Council and accords the common interests of all parties and the worldwide community, which must be respected and safeguarded so as to maintain the authority of the United Nations, the effectiveness of multilateral deals and the credibility of the global rules", he was quoted by the official Xinhua News Agency as saying.

During past unrest, conservative outlets have focused on attacks against sensitive symbols such as religious buildings as a way of tarnishing the protests.

So far, social media reports suggest the current protests are far from the scale of the unrest seen in December and January, when at least 25 people were killed in demonstrations that spread to dozens of towns and cities.

The Trump administration argued that the nuclear deal, which lifted some economic sanctions in exchange for restrictions on Tehran's nuclear program, was fatally flawed because it didn't address the country's destabilizing behavior or limit its development of ballistic missiles, among other things.

Recall that President Hassan Rouhani of Iran had earlier warned the United States against any attempt to stop Tehran's oil trade.

Last month, state-run Hindustan Petroleum had to cancel an Iranian oil shipment as insurers were not willing to provide cover for its two refineries for processing Iranian oil, sources with knowledge of the matter said.

Trump claimed the deal wasn't stopping Iran supporting terror groups or developing ballistic missiles.

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The official confirmed that during July delegations would be dispatched to Beijing and Delhi to press home the case, having already visited the capitals of other major Iranian oil importers.

China has rejected USA requests to cut Iranian oil imports, damaging Washington's efforts to isolate Tehran.

On Tuesday, the reimposition of USA sanctions will include purchasing of United States dollars, trade in gold and precious metals, coal and industrial-related software, U.S. imports of Iranian carpets, foodstuffs and some financial transactions.

"Based on existing agreements, five new ATR aircraft will land at Mehrabad Airport at 9am (04:30 GMT) tomorrow [Sunday]", the national carrier said on its Telegram channel.

He added that the parts were delivered to the country as part of a 5-million-euro deal. The senior Iranian officials including Leader of the Islamic Revolution condemned the move.

The snub could seriously undermine U.S. efforts to isolate Iran over the country's controversial nuclear programme.

"We are already seeing auto prices going through the roof over fears about raw material imports", she said.

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