“These additional reductions were determined based on an analysis of these economies’ purchasing activity over the previous six months,” said Kerry in a statement released to the press.
In addition to those five countries, Malaysia, South Africa, Singapore and Sri Lanka were also issued waivers, though they no longer purchase oil from the Islamic Republic.
This is the fourth such exemption that the nine countries have received. It will have to be renewed after 180 days.
According to Kerry, the US will continue to enforce current sanctions, though it will halt pushes for further limits on Iran's oil exports.
“As part of the Joint Action Plan agreed to by the P5+1 and Iran, we will pause for six months our efforts to further reduce Iran's crude oil sales. However, the Joint Action Plan does not offer relief from sanctions with respect to any increases in Iranian crude oil purchases by existing customers or any purchases by new customers,” said America’s top diplomat.
He added, “We will continue to aggressively enforce our sanctions over the next six months, as we work to determine whether there is a comprehensive solution that gives us confidence that the Iranian nuclear program is for exclusively peaceful purposes.”
According to the agreement reached by the P5+1 negotiating group and Iran in Geneva, Iran's oil exports will be kept to approximately 1 million barrels per day. Prior to US and European sanctions that took effect in 2012, Iran exported about 2.5 million barrels per day.
http://www.worldbulletin.net/?aType=haber&ArticleID=123994
30/11/13
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Hellenic MoFA: Joint statements of Deputy Prime Minister Venizelos and UK Foreign Secretary Hague, following their meeting (London, 28 November 2013). -video
Diplomats say an interim agreement has been reached in Geneva regarding Iran's nuclear programme. -Iran will freeze up the whole country’s nuclear programme for six months
Fabius Says EU to Lift Some Iran Sanctions, Rules out Israeli Strike....
- US extends Iran oil sanctions waivers to China, India, Korea
WASHINGTON - The US State Department extended six-month Iran sanctions waivers on Friday to China, India, South Korea and other countries in exchange for their reducing purchases of Iranian crude oil.
The State Department is required by US sanctions law on Iran's disputed nuclear program to determine whether Iran's oil consumers have reduced their purchases. The decision on waivers comes even after the United States and five other global powers agreed in Geneva this month to ease some sanctions on frozen funds on Iran in exchange for Tehran's taking steps to curb its nuclear program.
"We will continue to aggressively enforce our sanctions over the next six months, as we work to determine whether there is a comprehensive solution that gives us confidence that the Iranian nuclear program is for exclusively peaceful purposes," Secretary of State John Kerry said in a statement.
jpost.com 29/11/13 --
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