Sunday, 24 March 2019

Tag Archives: US sanctions

EU signatories of Nuclear Deal are deceiving Tehran: Khamenei

TEHRAN: At the same time, European signatories to the deal, striving to preserve the accord, were recently slammed by US Vice President Mike Pence, who stated that they were “undermining the US sanctions”. A day before, Iranian Foreign Minister Mohammad Javad Zarif said the EU’s current efforts are insufficient to ...

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Mogherini, Zarif agree to work together for further implementation of INSTEX

EU foreign policy chief Federica Mogherini and Iranian FM Mohammad Javad Zarif at a meeting expressed their commitment to cooperate for further implementation of the Instrument in Support of Trade Exchanges (INSTEX), which allows bypassing US sanctions, the European External Action Service (EEAS) said in a statement. “They discussed the ...

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Iran says Japan has started process of importing Iranian oil

LONDON: Japan has started the process of importing Iranian oil, which was suspended due to U.S. sanctions, the governor of Iran’s central bank said. The resumption of oil imports comes after Tokyo was granted a waiver from U.S. sanctions that went into effect in November. Iran is the fourth-largest oil ...

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North Korea’s Kim Jong-un visits China’s Xi Jinping

BEIJING: North Korean leader Kim Jong-un has arrived in Beijing for an unannounced visit, at the invitation of Chinese President Xi Jinping. Mr Kim will be in China until 10 January with his wife Ri Sol-ju, according to state media reports. The visit comes amid reports that negotiations are under ...

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China to continue Iran trade despite new US sanctions

BEIJING/WASHINGTON: China denounced new United States sanctions targeting Iran’s oil and financial sectors as “long-arm jurisdiction” on Monday and vowed to continue its bilateral trade with the Islamic republic. The measures, which took effect on Monday, follow US President Donald Trump’s decision to abandon a multi-nation nuclear deal with Tehran, which he ...

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US sanctions on Iran ‘destroy balance’ in world: Erdogan

ANKARA: Turkish President Recep Tayyip Erdogan on Tuesday slammed the US sanctions against Iran, calling it “a move to destroy balance in the world.” “US sanctions on Iran are wrong. These steps aim at destroying balance in the world,” Erdogan told reporters following a parliamentary group meeting. “We don’t want ...

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Iran will ‘proudly bypass’ US sanctions: Hassan Rouhani

TEHRAN: Iran´s President Hassan Rouhani said the Islamic republic “will proudly bypass sanctions” by the United States that took effect on Monday targeting the country´s oil and financial sectors. “I announce that we will proudly bypass your illegal, unjust sanctions because it´s against international regulations,” Rouhani said in a televised ...

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Iran sells oil on exchange in bid to counter US sanctions

TEHRAN: Iran sold oil to private buyers through its energy exchange for the first time on Sunday, as part of its efforts to counter the imminent return of US sanctions. Only 280,000 barrels were sold out of one million offered, and went for $74.85 per barrel, more than $4 below ...

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US tells India to avoid signing S-400 missile deal with Russia

WASHINGTON: The US has urged India to forgo its proposed deal to buy the S-400 missile defence system from Russia, warning that the deal could attract American sanctions. New Delhi and Kremlin are expected to announce the deal this week during Russian President Vladimir Putin’s two-day visit to India starting ...

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EU, China and Russia in move to sidestep US sanctions on Iran

NEW YORK: The European Union, Iran, China and Russia have set out a plan to sidestep unilateral US sanctions designed to cripple the Iranian economy and force the Iranians to renegotiate the nuclear deal signed in 2015. European diplomats hope the proposed measure – known as a special purpose vehicle ...

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