The US on Thursday imposed sanctions on Kong Kong-based and Emirati companies, as well as a network of Iranian firms that help export the country’s petrochemicals, a step that might raise pressure on Tehran to revive the 2015 Iran nuclear deal.
The US Department of the Treasury said it had imposed penalties on two companies based in Hong Kong, three in Iran and four in the United Arab Emirates (UAE), as well as on Chinese citizen Gao Jinfeng and Indian national Mohammed Shaheed Ruknooddin Bhore.
“The United States is pursuing the path of meaningful diplomacy to achieve a mutual return to compliance
With key focus on the Chabahar port project and connectivity, Iranian Deputy Foreign Minister for Economic Diplomacy Mehdi Safari is on a 2-day India visit starting Monday. The visit comes even as focus is on increasing economic engagement between the two countries. It is not known so far that will the issue of import of Iranian oil will be discussed during talks in Delhi. India is currently not buying crude oil from Iran after American sanction in 2019 announced by then US President Trump.
Several members of the Shanghai Cooperation Organisation are currently suffering from western sanctions, as well as impaired access to hard currencies. Could a. 08.06.2022, Sputnik International