China 'regrets' Iran's decision to exceed uranium limit

Image
AFP Beijing
Last Updated : Jul 02 2019 | 3:50 PM IST

China said Tuesday it regrets Iran's decision to exceed a limit on enriched uranium reserves under a 2015 nuclear deal, but said US "maximum pressure is the root cause" of tensions.

Iran said Monday it had made good on its warning that it would breach the limit, prompting US President Donald Trump to warn that Tehran was "playing with fire".

The United States withdrew from the nuclear deal last year and hit Iran's crucial oil exports and financial transactions as well as other sectors with biting sanctions.

Tehran, which has sought to pressure the remaining parties to save the deal, announced on May 8 that it would no longer respect the limit set on its enriched uranium and heavy water stockpiles.

It threatened to abandon further nuclear commitments unless the remaining partners -- Britain, China, France, Germany and Russia -- helped it circumvent sanctions, especially to sell its oil.

"China regrets the measures taken by Iran, but at the same time, we have emphasised on many previous occasions that the US's maximum pressure is the root cause of the current fraught tensions," Chinese foreign ministry spokesman Geng Shuang said at a regular press briefing.

"We call on all parties to view this from a long-term and overall perspective, exercise restraint and uphold the JCPOA (nuclear deal) together so that there won't be further escalation in the tense situation," Geng said.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 02 2019 | 3:50 PM IST

Next Story