Bank Of Baku

Chinese deputy foreign minister: “U.S. sanctions on Iran’s oil industry are improper and ineffective”

Chinese deputy foreign minister: “U.S. sanctions on Iran’s oil industry are improper and ineffective”
# 10 January 2012 13:34 (UTC +04:00)
Baku. Konul Jafarli – APA. China has criticized U.S. sanctions on Iran, approved by President Barack Obama on New Year’s Eve, as improper and ineffective. Beijing supported U.N. sanctions on Iran’s nuclear program but says action should be multilateral, APA reports quoting Fars news agency.

The sanctions would target Tehran’s oil industry by barring financial institutions from the U.S. market if they do business with Iran’s central bank.

China’s oil imports "have nothing to do with the nuclear issue," said a deputy foreign minister, Cui Tiankai, on Monday.

"We should not mix issues with different natures, and China’s legitimate concerns and demands should be respected," Cui said.
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