Arab Today, arab today japan pledges to cut iran oil imports \considerably\
Last Updated : GMT 21:50:13
Arab Today, arab today
Arab Today, arab today

Japan pledges to cut Iran oil imports \'considerably\'

Arab Today, arab today

Arab Today, arab today Japan pledges to cut Iran oil imports \'considerably\'

Tokyo - AFP

Japan said on Wednesday it would continue to cut its Iranian oil imports \"considerably\" after hailing a US decision to exempt it from new sanctions over deals with the Islamic state. \"We have explained to the US side that this trend will accelerate in the future and that we will carry out our reductions considerably,\" Chief Cabinet Secretary Osamu Fujimura told a press briefing, according to the Nikkei business daily\'s website. Fujimura did not elaborate but Japan\'s Economy, Trade and Industry Minister Yukio Edano said earlier Wednesday that Tokyo has already cut its Iran oil shipments by 40 percent over the past five years. Last year, Iranian oil accounted for about 8.8 percent of Japan\'s total crude imports, according to the Petroleum Association of Japan, or 3.6 million barrels a day. The United States on Tuesday said it was exempting 11 nations including Japan and some European Union members from the tough new sanctions, praising them for reducing their dependency on Iran\'s oil. Under a new law aimed at pressing Tehran over its nuclear programme, the United States would penalise foreign financial institutions for transactions with Iran\'s central bank, which handles sales of the country\'s key export. Iran says that its nuclear program is meant for peaceful purposes, but Israel and a number of Western officials fear that the regime is building a nuclear bomb.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today japan pledges to cut iran oil imports \considerably\ Arab Today, arab today japan pledges to cut iran oil imports \considerably\

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today japan pledges to cut iran oil imports \considerably\ Arab Today, arab today japan pledges to cut iran oil imports \considerably\

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today How to do your own Ramadan corner?

GMT 15:53 2017 Saturday ,27 May

How to do your own Ramadan corner?
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday