BEIJING — China states Iran’s foreign minister will visit the nation from Friday to Saturday, a day after the Trump government blacklisted virtually all Iran’s financial industry in the most recent step aimed toward the oil-rich nation’s market.
In a brief statement, China’s foreign ministry stated just that Foreign Minister Javad Zarif was seeing at the invitation of his Chinese counterpart Wang Yi.
Thursday’s U.S. move strikes 18 Iranian banks which had so far escaped the majority of reimposed U.S. sanctions and topics overseas, non-Iranian monetary institutions to penalties for doing business together. That cuts them off from the global financial system.
The blacklisting was opposed by European countries since it is going to open up their most important banks and also other businesses to U.S. penalties for running a business with Iran which had formerly been permitted.
Zarif reacted angrily to the designations, calling them a”crime against humanity” in a time of international crisis. The move comes because the U.S. has stepped up attempts to kill the 2015 Iran nuclear deal by steadily increasing pressure on through sanctions on its oil earnings, blacklisting leading government officials, and murdering a leading general in an airstrike.
Virtually the whole remainder of the planet has pledged to ignore the hottest U.S. sanctions but violating them will include the considerable danger of losing access to this U.S. fiscal system.
There was no sign whether they’ll meet with Wang as a team.