Monday, February 6, 2017

U.S. Sanctions Chinese Oil Companies That Do Business With Iran

National flags of U.S. and China wave in front of an international hotel in Beijing February 4, 2010. REUTERS/Jason Lee

South China Morning Post: China protests over US sanctions on Chinese firms ‘linked to Iran’

Foreign Ministry says measures will have adverse impact on Chinese companies and will not help resolve problems with Tehran

China has formally complained to the authorities in Washington over newly-imposed US sanctions against Iran which it says will severely affect Chinese businesses.

Chinese Foreign Ministry spokesman Lu Kang said at a daily press briefing on Monday that China opposes “unilateral sanctions” and that the move by Washington had adversely affected the interests of other parties.

“The sanctions will not help in enhancing trust among the different parties involved and will not help in resolving international problems,” he said.

Read more ....

WNU Editor: What the Chinese should be really worried about is if this happens .... Will Trump's Next Iran Sanctions Target China's Banks? (Gordon G. Chang, Forbes). Iran's reaction to these sanctions has been the following .... Iran says U.S. sanctions stop American oil firms taking part in projects. (Reuters)

More News On U.S. Sanctions Hitting Chinese Oil Companies

China protests U.S. sanction list on Iran that hits Chinese firms -- Reuters
Beijing lodges protest as U.S. sanctions on Iran hit Chinese companies -- Washington Post
China Makes Representation to US for Targeting Local Companies by Iran Sanctions -- Sputnik

1 comment: