Associate Sponsors

Turkey hopeful US will extend waiver on Iran sanctions

Image
AFP Washington
Last Updated : Apr 17 2019 | 3:45 AM IST

Turkey voiced hope Tuesday that the United States will extend an exemption in sanctions to allow it to keep buying oil from Iran, despite tensions between the allies on multiple fronts.

Turkish Finance Minister Berat Albayrak met President Donald Trump at the White House on Monday and discussed the range of disagreements, including Ankara's major weapons purchase from Russia, said Ibrahim Kalin, the spokesman for President Recep Tayyip Erdogan.

"It was a positive meeting overall," Kalin told reporters in Washington.

Kalin said Turkey was hopeful that the Trump administration would issue another waiver for Turkey after last year demanding that all nations stop buying oil from Iran.

"Certainly we are expecting an extension for Turkey," Kalin said, adding that Ankara has not received a formal notice.

The United States has given six-month exemptions to eight countries -- China, Greece, India, Italy, Japan, South Korea, Taiwan and Turkey -- that run out on May 2.

Kalin said Turkey had reduced its imports from Iran despite disagreeing with the US sanctions, which Trump imposed unilaterally after pulling out of an international accord under which Tehran drastically scaled back its nuclear programme.

"People should not expect Turkey to turn its back on Iran just like that," he said, pointing to the countries' shared border and historic relationship.

"We want to maintain good relations with Iran and we believe that the way to deal with Iran is more engagement rather than more sanctions."

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

More From This Section

First Published: Apr 17 2019 | 3:45 AM IST

Next Story