US urges Seoul to join anti-Iran sanctionJanuary 17th, 2012 - 12:01 pm ICT by IANS
Seoul, Jan 17 (IANS) The US has urged South Korea to join a US-led campaign to punish Iran over its controversial nuclear programme by reducing oil imports from the oil-rich country, Xinhua reported Tuesday.
“We are urging (our partners) to reduce their purchase of crude oil from Iran and their financial dealings with the central bank of Iran,” said Robert Einhorn, the US State Department’s special adviser for non-proliferation and arms control.
Einhorn was speaking to South Korea’s Deputy Foreign Minister Kim Jae-Shin after arriving in Seoul Monday for a three-day trip involving talks with foreign and finance ministry officials, the Yonhap News Agency said.
Kim reaffirmed Seoul’s commitment to international efforts to stop Iran from acquiring nuclear weapons.
However, he expressed concern over possible economic fallout from the measure in a country that relies on Iran for 9.6 percent of its crude oil supplies.
“I do hope we closely cooperate with each other and try to minimise this adverse effect,” Kim told Einhorn.
The visit by Einhorn, who is accompanied by Daniel Glaser, the US Treasury’s deputy assistant secretary, came after the US slapped fresh economic sanctions on Iran by banning financial institutions doing business with Iran’s central bank from the US market.
The measure is seen as an attempt to cut off Iran’s oil revenue.
- Enough global oil to sideline Iran: Obama - Mar 31, 2012
- US targets banks that help Iran - Aug 01, 2012
- US exempts seven countries from sanctions - Jun 12, 2012
- US exempts India from Iran oil sanctions (Lead) - Jun 12, 2012
- North Korean leader Kim Jong-il dead, youngest son takes over (Third Lead) - Dec 19, 2011
- South Korea, US discuss nuke cooperation programme - Mar 03, 2011
- US exempts India from Iran oil sanctions (Second Lead) - Jun 12, 2012
- Iran talks resume in Baghdad - May 24, 2012
- Chinese firms, banks bypassing UN sanctions to aid Iran's nuke weapons programme: US - Oct 18, 2010
- China opposes unilateral sanctions against Iran - Jul 01, 2012
- North Korea threatens to re-examine n-issue - Jul 21, 2012
- Amid Western pressure, India, Iran seek closer economic ties (Roundup) - May 31, 2012
- India, China not spared from US sanctions on Iran oil - Mar 21, 2012
- US sanctions on Iran threaten ties with Russia - Aug 14, 2012
- Croatia bans oil import from Iran - Mar 23, 2012
Tags: central bank of iran, crude oil supplies, daniel glaser, deputy assistant secretary, doing business with iran, economic fallout, economic sanctions, finance ministry officials, financial dealings, international efforts, iran sanction, jae shin, nuclear weapons, oil imports, oil revenue, robert einhorn, sanctions on iran, us state department, us treasury, yonhap news agency