clinton china moving on cutting iran oil imports
Last Updated : GMT 00:48:06
Arab Today, arab today
Arab Today, arab today

Clinton: China moving on cutting Iran oil imports

Arab Today, arab today

Arab Today, arab today Clinton: China moving on cutting Iran oil imports

Washington - Agencies

China is moving to cut its imports of Iranian oil, tracking earlier efforts by countries such as India, Japan and South Korea which won them exemptions from tough new U.S. sanctions, Secretary of State Hillary Clinton said on Wednesday. The United States has already exempted a number of major countries from the new sanctions, which it may impose starting on June 28 as Washington\'s most ambitious measure yet to force Iran to curtail its nuclear program by reducing its oil export sales. China, which alone buys as much as a fifth of Iran\'s crude exports, has not yet been granted a similar reprieve, but Clinton hinted on Wednesday that one could be in the works. \"We\'ve seen China slowly but surely take actions,\" Clinton said in an appearance with former U.S. Secretary of State James Baker, detailing the U.S.-led effort to sanction Iran for its nuclear program. \"I have to certify under American laws whether or not countries are reducing their purchases of crude oil from Iran and I was able to certify that India was, Japan was, South Korea was,\" Clinton said. \"And we think, based on the latest data, that China is also moving in that direction,\" Clinton said. The United States and the European Union believe Iran is trying to build nuclear weapons. Tehran says the program is strictly for civilian purposes. Beyond the 27-country EU, which has banned Iranian imports from July under separate sanctions, other buyers of Iran\'s crude have pledged to cut purchases by up to a fifth. Turkey, South Africa, Taiwan, Malaysia and Sri Lanka will also be exempt from the sanctions, while 10 EU countries had been granted exceptions in March. Banks and other institutions in the economies that received waivers will be given a six-month break from the threat of being cut off from the U.S. financial system under sanctions signed late last year by President Barack Obama. China, Japan, India and South Korea cut imports by about a fifth from the 1.45 million barrels per day they were buying a year ago as they prepared for the sanctions to come into effect. Analysts say Obama must tread a fine line between tightening the screws on Tehran and triggering a squeeze on global oil supplies that could tip the U.S. economy back into recession. Backers of tough sanctions on Tehran believe China has received clandestine cargoes of oil from Iran, which has disabled tracking devices on some of its shipments. Obama is under pressure from Congress, which may pass even tougher sanctions on Iran. U.S. officials say the dialogue with China - a key U.S. trading partner - has been constructive, leading many to believe that China will eventually win an exemption.

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*

clinton china moving on cutting iran oil imports clinton china moving on cutting iran oil imports

 



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*

clinton china moving on cutting iran oil imports clinton china moving on cutting iran oil imports

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Japanese regulators raid Airbnb

GMT 00:44 2017 Monday ,20 November

Japanese regulators raid Airbnb
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today Saudi, Bahrain target Iran

GMT 00:48 2017 Monday ,20 November

Saudi, Bahrain target Iran
Arab Today, arab today Presenter Sherine Ramahi proud of her career

GMT 06:46 2017 Sunday ,19 November

Presenter Sherine Ramahi proud of her career
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Tesla unveils its all-electric semi truck

GMT 02:59 2017 Saturday ,18 November

Tesla unveils its all-electric semi truck
Arab Today, arab today Baidu speeds up AI progress

GMT 11:46 2017 Friday ,17 November

Baidu speeds up AI progress
Arab Today, arab today Hanan Metawe denies apology for “Major Treason”

GMT 12:22 2017 Thursday ,16 November

Hanan Metawe denies apology for “Major Treason”
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 08:06 2017 Wednesday ,15 November

Ayten Amer happy for “The Flood” success

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 06:13 2017 Friday ,17 November

Pope denounces healthcare inequality

GMT 01:34 2017 Friday ,17 November

Banyan Tree Phuket Takes Festive Season

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
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