Spike News

China Defends Trade with Iran Amid US Sanctions

August 25th, Foreign Ministry spokesman Lin Jian presided over a regular press conference.

Bloomberg reporter asked questions regarding US sanctions against Iran. We have seen that some new sanctions target individual entities and ships, including some Chinese companies. What is the spokesperson's comment on this? Is China willing to change some of its behaviors to meet US requirements in its dealings with Iran? What measures are China considering taking?

Lin Jian stated that China's cooperation with Iran is always carried out within the framework of international law and should not be interfered with or disrupted. The Chinese side is closely monitoring the relevant developments and will take all necessary measures to firmly safeguard its own rights and interests.

On August 24th, local time, U.S. Treasury Secretary Steven Mnuchin issued a warning to the world, urging countries to cut off any financial ties with Iran, otherwise they risk being excluded from the dollar system. Previously, Mnuchin imposed what he called ‘the most severe financial sanctions in history’ on Iran.

According to reports, the U.S. Treasury announced a list of sanctions against 60 individuals, entities, and vessels on that day. The list includes several entities, individuals, and vessels from mainland China and Hong Kong, but no Chinese financial institutions are included. When asked if there was any leniency shown towards China, Besنتt stated, “No one can override U.S. sanctions.”