China, Russia Ignore Trump Sanctions on Iran
China: US Must Respect Our Lawful Rights
Russia and China have announced they will ignore US president Donald Trump’s sanctions against Iran, and continue trading.
On August 7, Trump announced that “The Iran sanctions have officially been cast”.
“These are the most biting sanctions ever imposed, and in November they ratchet up to yet another level. Anyone doing business with Iran will NOT be doing business with the United States. I am asking for WORLD PEACE, nothing less!” tweeted Trump on August 7.
A statement by China’s government said “China’s commercial cooperation with Iran is open and transparent, reasonable and fair, not violating any United Nations Security Council resolutions”.
“China’s lawful rights should be protected,” added China in the statement.
Every year, China buys around $15bn worth of crude oil from Iran.
CNPC and Sinopec, China state companies, have a lot of oil field investments in Tehran.
On August 7, Russia committed to do “everything necessary” to save the 2015 Iran nuclear deal as well as her Iranian economic interests.
Trump is expected to remain alone in attempts to isolate Iran.
In May, the US left the Joint Comprehensive Plan of Action on the Iran nuclear deal.
The deal between Iran on one side and the US, Russia, Britain, Germany, France, China and the European Union on the other, was an accord supposed to lift sanctions on Iran as the powers continue engaging Tehran to halt development of nuclear capacity.
Attempts by German Chancellor Angela Merkel, French President Emmanuel Macron and then British Foreign Secretary Boris Johnson to convince Trump to stay fell on deaf ears.