Iran's Foreign Minister Zarif: US will not stop Iran oil exports

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"The Iran sanctions have officially been cast".

Aram... President Trump appears to be calling on USA allies to join in the isolation of Iran.

The high-level meeting follows the reimposition of sanctions on Iran by the US on Tuesday, which a White House statement said targeted the country's energy sector and foreign financial institutions doing business with the Central Bank of Iran. "Before, nobody supported Iran".

Danish engineering company Haldor Topsoe, one of the world's leading industrial catalyst producers, said on Wednesday it would cut around 200 jobs from its workforce of 2,700 due to the new U.S sanctions on Iran, which made it very hard for its customers there to finance new projects. Donald Trump claimed they were "the most biting ever imposed" and warned that in November, sanctions would "ratchet up to yet another level" with an embargo on Iranian oil and blanket sanctions on Iranian banks.

"If the Americans want to keep this simplistic and impossible idea in their minds they should also know its consequences, " Zarif said".


"China's commercial cooperation with Iran is open and transparent, reasonable, fair and lawful, not violating any United Nations Security Council resolutions", it said.

However, the EU blocking statute is thought unlikely to do much to stem the outflow of European investment from Iran driven by firms anxious about losing access to United States money markets.

Trump has said he is ready to hold talks with Iranian leaders, without preconditions but meanwhile, his administration has vowed to press on with its pressure campaign.

"China's lawful rights should be protected". At current market rates, the imports are worth some $15 billion a year. "But now, all the countries in the world are supporting Iran". Turkey buys an estimated 9.5bn cubic metres of gas from Iran.

European countries, hoping to persuade Tehran to continue to respect the nuclear deal, have promised to try to lessen the blow of sanctions and to urge their firms not to pull out.


"The US withdrawal from JCPOA and re-imposition of its sanctions is a serious breach of its legal obligations under the United Nations Charter, which entails its worldwide responsibility".

"It symbolizes the determination to curb Iran's regional aggression and its ongoing plans to arm itself with nuclear weapons", said Netanyahu in a video released Monday, moments after Trump signed new sanctions into law.

"Isolating Iran could boost radical and fundamentalist forces", he said, adding that "chaos in Iran, as we have experienced in Iraq or Libya, would further destabilize an already troubled region".

North Korea's foreign minister Ri Yong Ho on Wednesday met with the Iranian President in Tehran on the second day of an ongoing trip to the country, Iranian state news outlets reported, with Rouhani stressing the DPRK should not place excessive trust in American commitments.


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