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World China reaffirms opposition to US sanctions on Iran

10:56  15 january  2022
10:56  15 january  2022 Source:   aljazeera.com

China reaffirms its opposition to US sanctions against Iran

 China reaffirms its opposition to US sanctions against Iran Iran-China / Sanctions: China reaffirms its opposition to US sanctions against Iran Shanghai, January 15 (Reuters) - China reaffirmed its opposition to sanctions Unilateral United States aimed at Iran, according to the report made Saturday by Beijing from a meeting between the Chief of Chinese diplomacy and his Iranian counterpart, while supporting efforts to revive the 2015 Agreement on the 2015 Iranian nuclear program.

China reaffirmed its opposition to unilateral sanctions by the United States against Iran at a meeting between Foreign Minister Wang Yi and his Iranian counterpart, while backing efforts to revive a 2015 nuclear deal between major powers and Iran . A summary of Friday's meeting between Wang and Iranian Foreign Minister Hossein Amirabdollahian in the city of Wuxi, in Jiangsu province, was posted on China 's foreign ministry website on Saturday. During his visit, Amirabdollahian is set to announce the launch of a 25-year cooperation agreement between the Islamic Republic and

US sanctions on Iran pushed China 's yuan-denominated oil futures contract nearly five percent higher, the biggest daily move since the petro-yuan's inception in March. China is expected to become a chief beneficiary of the US unilateral sanctions against the world’s biggest energy producers, including Russia, Iran and Venezuela. The petro-yuan would save China the cost of exchanging dollars, the main global currency used in oil trade.

China has reaffirmed its opposition to unilateral sanctions by the United States against Iran at a meeting between Foreign Minister Wang Yi and his Iranian counterpart, while backing efforts to revive a 2015 nuclear deal between major powers and Iran.

Chinese Foreign Minister Wang Yi told his Iranian counterpart Hossein Amirabdollahian that Beijing would firmly support a resumption of negotiations on a nuclear pact [China Media Group-CCTV via Reuters] © Provided by Al Jazeera Chinese Foreign Minister Wang Yi told his Iranian counterpart Hossein Amirabdollahian that Beijing would firmly support a resumption of negotiations on a nuclear pact [China Media Group-CCTV via Reuters]

China’s foreign ministry website published on Saturday a summary of the meeting between Wang and Iranian Foreign Minister Hossein Amirabdollahian on Friday in the city of Wuxi, in Jiangsu province.

Iran looking for ‘safe channel’ to pay UN dues to regain vote

  Iran looking for ‘safe channel’ to pay UN dues to regain vote Tehran has lost its voting rights at the UN for a second year in a row as it struggles to pay due to US sanctions.“The Islamic Republic of Iran has always been committed to pay for its membership on time and we have shown this in action before,” Majid Takht Ravanchi, Iran’s permanent representative to the UN, said late on Friday, adding that the country is looking for a “safe channel” to make its payment to the organisation.

He also suggested US sanctions could be applied to the traded good as much as to the cash to fund the trade. He predicted few firms would take that risk, outside some SMEs [small and medium-sized enterprises] heavily dependent on Iran for their income. Jarrett Blanc, another former Obama staffer for the Iran deal The assumption is that many countries like India and Russia will continue to trade with Iran and challenge the US to try to impose sanctions , pointing out that in reality it is the US , by tearing up the agreement and not them, that is in breach of UN resolutions. This article was amended on 26

U . S . sanctions on Iran —primarily “secondary sanctions ” on firms that conduct certain transactions with Iran —have adversely affected Iran ’s economy but have arguably not, to date, altered Iran ’s pursuit of core strategic objectives including its support for regional armed factions and its development of The reimposed sanctions , and additional sanctions imposed subsequently, were at the core of Trump Administration policy to apply “maximum pressure” on Iran , with the stated purpose of compelling Iran to negotiate a revised JCPOA that takes into account U . S . concerns beyond Iran ’s nuclear program.

During his visit, Amirabdollahian announced the launch of a 25-year cooperation agreement between the Islamic republic and Communist-ruled China.

Iran’s Press TV reported that Amirabdollahian also delivered an “important” written message by Iranian President Ebrahim Raisi to Chinese President Xi Jinping.

Wang, who is also state councillor, said the US bore primary responsibility for the continuing difficulties with Iran, having unilaterally withdrawn from the 2015 nuclear deal between the major powers and Iran.

Under the terms of that deal, also known as the Joint Comprehensive Plan of Action (JCPOA) Iran would limit uranium enrichment activity, making it harder to develop nuclear arms – although Tehran denies having plans for nuclear weapons. In return, international sanctions would be lifted, allowing Iran to sell its oil to the international market.

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10 China - Iran Relations: Strategic, Economic, and Diplomatic Aspects in Comparative Perspective. in multilateral settings, as explained in chapter 3, dedicated to diplomatic relations. However, around the time that Joe Biden assumed the US presidency in January 2021, Iranian oil exports Diplomatically, Iran seeks to preserve the ongoing support of the nuclear agreement’s remaining signatories, in part with the hope of mitigating sanctions reimposed under the Trump administration, even while holding out the promise of a return to the status quo ante if the US under the Biden administration were to

US special envoy for Iran , Brian Hook wrote in the Wall Street Journal that "one way or another" Washington would ensure the arms embargo remains. He said the United States has drafted a Security Council resolution and "will press ahead with diplomacy and build support." The Trump administration is hell-bent on extending the embargo on the sales of conventional weapons to Iran . The ban on arms deliveries to and from Iran will expire in October under the resolution 2231 that endorsed the 2015 nuclear deal between Iran and world powers — the US , Russia, China , Britain, France and Germany.

Wang said China would firmly support a resumption of negotiations on a nuclear pact.

But he said China firmly opposes illegal unilateral sanctions against Iran, political manipulation through topics including human rights, and interference in the internal affairs of Iran and other regional countries.

In 2018, then US President Donald Trump reimposed sanctions that badly damaged Iran’s economy after withdrawing from the nuclear pact, saying the terms did not do enough to curb Iran’s nuclear activities, ballistic missile programme and regional influence.

A year later, Iran began to gradually rebuild stockpiles of enriched uranium, refining it to higher fissile purity and installing advanced centrifuges to speed up output.

Iran and the US remain locked in talks over whether a compromise can be found to renew the deal and dispel fears of a wider Middle East war.

A source close to negotiations told Reuters on Friday that many issues remain unresolved.

Wang, who earlier in the week met with several counterparts from Gulf Arab countries concerned about the potential threat from Iran, also said China hopes to set up a dialogue mechanism with Gulf countries to discuss regional security issues.

Antony Blinken in Germany to evoke possible sanctions against Moscow .
© Reuters - Pool US Secretary of State Anthony Blinken on January 19th in Kiev. Antony Blinken was Wednesday, January 19th in Kiev, the Ukrainian capital, where he met President Volodymyr Zelensky, as well as the leader of DMYTRO KOULEBA diplomacy.

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