Wednesday, 14 November 2018

Tag Archives: US sanctions

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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US threatens more Turkey sanctions if pastor not freed

WASHINGTON: Treasury Secretary Steve Mnuchin warned the United States would levy more sanctions on the troubled Turkish economy if Ankara does not soon release a jailed American pastor. Deepening a spat that has rattled financial markets and threated to split a long-standing defense and political alliance, Mnuchin suggested the next ...

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‘No war, no negotiations with the US,’ says Iran’s Khamenei

TEHRAN: Iran’s supreme leader said on Monday there would be neither war nor negotiations with the United States, and that the country’s problems were the result of government mismanagement more than renewed sanctions. Ayatollah Ali Khamenei’s comments add to the pressure on President Hassan Rouhani following a collapse in the ...

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Pakistan to pursue economic ties with Iran despite US sanctions

ISLAMABAD: Pakistan on Thursday said it reserves the right to ‘pursue legitimate economic and commercial interests’ with Iran in the wake of re-imposition of sanctions on Tehran by US President Donald Trump, who warned that the countries doing business with the Islamic states might also face the music. “We are examining ...

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