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China rejected President Barack Obama's decision to move forward with plans for sanctions on countries buying oil from Iran, saying Saturday that Washington had no right to unilaterally punish other nations.
"The Chinese side always opposes one country unilaterally imposing sanctions against another according to domestic law. Furthermore it does not accept the unilateral imposition of those sanctions on a third country," the ministry said in a brief statement Saturday.
China has the right to import oil from Iran or any other country while quietly reducing imports of Iranian oil. Though the government has not explained the reductions, oil traders and industry executives have said it may stem more from a pricing dispute with Iran than as a response to U.S. pressure.
The main importers of Iranian oil that have not received exemptions from the U.S. are China, India, Turkey, South Africa and South Korea. The administration would be loath to hit a close friend like South Korea or India, or a NATO ally like Turkey, with sanctions, and is working with those countries to reduce their imports.
The U.S. sanctions are set to take effect on June 28...Obama administration officials contend Iran is about to face its most severe economic pressure ever.
Energy-starved India, which relies on Iranian oil for 12 percent for its power needs, has said that it does not heed unilateral sanctions such as those imposed by the U.S. and EU...
In February, India irked the West by arranging to make 45 percent of its yearly $11 billion oil payments to Iran in Indian rupees, with the rest paid in a barter system as Tehran seeks Indian-made machinery, iron and steel, minerals and automobiles.
Originally posted by xxThexGreatxEscapexx
This is a no brainer, of course they aren't going to
Cut their oil supply because of us. No right to punish a country? They don't seem to have a problem punishing Tibet.edit on 1-4-2012 by xxThexGreatxEscapexx because: (no reason given)
China is not yanking the US by the chain. It just want to go on with day to day operations without being dragged into this US/Israel/Iran thing. To them if the US wants to attack then just go ahead instead of all these prolonged nonsensical sanctions which are directly affecting other countries economies. China has many times stated that it will not get involved in conflicts of other countries that have no bearing on their national security. They were involved in Vietnam and Korea because the war was on their backyard. They will not take sides and they expect the US to do likewise when they move in on Taiwan....that is if they want to do it militarily.
Originally posted by Wrabbit2000
Heck..China is just having fun yanking our chain and Iran is more important to them than we are right now. We NEED them and they know it.... There is only so much we can do and they know that too...so why should China even pay attention to Obama's barking?edit on 1-4-2012 by Wrabbit2000 because: (no reason given)
Originally posted by atsmem1980
funny America is turning out to be just like an Islamist nation..no real rights left for the citizens thanks to THE WAR ON TERRORISM!
Originally posted by atsmem1980
imo
I don't think that the Germans and Japs would have used nukes if they had ..
Originally posted by atsmem1980
they like to keep their prized possessions in one piece..plus they were quite efficient so y use nukes?!
"I fear all we have done is to awaken a sleeping giant and fill him with a terrible resolve."