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Wednesday, 29 February 2012
US having” very intense and blunt” talks with India, China on Iran
WASHINGTON: The
United States is having
“very intense and very
blunt” conversations with
India, China and Turkey on
reducing their dependence
on Iranian oil, the Secretary
of State Hillary Clinton has
told lawmakers.
Hillary, testifying before
a Congressional committee
yesterday, said the US
is asking these countries to
take specifi c measures that
would reduce their dependence
on Iranian oil adding.
But, without naming one,
she did acknowledge that
this would be a bit tough for
some countries.
“With respect to China
and Turkey and India, we’ve
had very intense and very
blunt conversations with
each of those countries. I
think that there are a number
of steps that we are pointing
out to them that we believe
they can and should make,”
Hillary said while responding
to questions from Senator
Robert Menendez.
“In a number of cases,
both on their government
side and on their business
side, they are taking actions
that go further and deeper
than perhaps their public
statements might lead you
to believe,” Hillary said.
“We are going to continue
to keep an absolute foot on
the pedal in terms of our
accelerated, aggressive outreach
to them. And they are
looking for ways to make up
the lost revenues, the lost
crude oil,” she said.
Claiming that oil defi cit
is a diffi culty for several
other countries, Hillary said
US has come up with lots of
suggestions that would help
these countries in resolving
the crisis.
“Our expectation and
the direction we are giving
to countries is that we
do expect to see signifi cant
reductions. I am pleased to
report, Senator, that we’ve
been aggressively reaching
out to and working with
countries to assist them in
being able to make such signifi
cant reductions,” Hillary
said. Earlier in the day, testifying
before the State, Foreign
Operations and Related
Programs Subcommittee of
the Senate Appropriations
Committee, Hillary told
Senators the US is aggressively
pursuing sanctions
against Iran.
“We are implementing the
new Iran sanctions aggressively.
The (US) President
issued an executive order
on February 6th that blocks
assets under US jurisdiction
of all Iranian banks; also
makes it clear that both the
Departments of Treasury
and State are expected to
enforce the sanctions absolutely,”
she said.
“We have been travelling
the world, high-level teams
from Treasury, Energy and
State, to explain what the
sanctions are to counterparts
around the world. We’re
very frank in these discussions
about the requirements
of US law,” the US
leader said. Meanwhile, a
broad range of countries are
making decisions to reduce
their dependence on Iranian
crude, unwind their dealings
with the central bank of
Iran, she said.
“We are also pushing
very hard to make it clear
that we’ll help countries that
have a signifi cant dependence
on Iranian crude to
try to fi nd alternatives. It is
something that they have to
look for. They can’t just stop
cold turkey and not have anything
fuelling their economies,”
Hillary said.
While referring to the
steps being taken by the European
Union and Japan, the
Secretary of State said that
some of the major oil producers
have set forth their
willingness to try to make up
the difference.
“We’ve seen increasing
diffi culty by Iran in importing
and exporting products.
They cannot purchase
third-party liability coverage
for their vessels. So we’ve
stopped them from being
insured, which means they
can’t travel,” she said.
Hillary added that the
Japan, which lost much of
their electricity production
because of the earthquake
and the Fukushima nuclear
power plant meltdown, had
reduced their imports from
Iran in the range of 15 to 20
per cent since last year and
is looking for new suppliers.
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