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Weapons of Mass Destruction (WMD)

Chinese company defying West's unilateral sanctions on Iran

IRNA - Islamic Republic News Agency

Beijing, March 19, IRNA -- Managing Director of the Chinese Shipping Development Company Yan Zhichong said Monday the company would continue importing oil from Iran despite West's unilateral sanctions against the country.

Criticizing West's sanctions against Iran's oil exports, the official said that the company would not allow such restrictions have a negative effect on China's oil imports from Iran.

Speaking in an interview in Hong Kong, Yan stressed that China would do its utmost to tackle Europe's sanctions against Iran.

“China National Commission of Development and Reform (CNCDR) which decides on the energy prices, held an especial meeting in this regard,” Yan said adding that Beijing would by no means allow the sanctions reduce the volume of China's oil imports from Iran.

Yan added that China's Shipping Development Company has, so far, faced no problems regarding importing oil products from Iran.

The company is the largest Chinese shipping and sea transportation company with 72 oil tankers.

As a buyer of 22 percent of Iran's oil, China has repeatedly called on the West to settle its disputes with Tehran through negotiations.

Islamic Republic News Agency/IRNA NewsCode: 80045996

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