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Japan, S Korea in talks with U. S to avert damage from Iran sanctions

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Japan and South Korea, two major buyers of Iranian oil, are in talks with the U. S. government in a bid to avoid adverse impacts from Washington’s reimposition of sanctions aimed at cutting Iran out of international markets. The United States is demanding countries cut all imports of Iranian
Japan and South Korea, two major buyers of Iranian oil, are in talks with the U. S. government in a bid to avoid adverse impacts from Washington’s reimposition of sanctions aimed at cutting Iran out of international markets.
The United States is demanding countries cut all imports of Iranian oil from November, a senior State Department official said on Tuesday as the Trump administration ramps up pressure on allies to cut off funding to Iran.
Both countries won waivers that allowed them to buy limited amounts of oil from Iran during the previous round of sanctions that ended in 2016, but Washington has this time adopted a more aggressive stance.
Japan’s Chief Cabinet Secretary Yoshihide Suga told a news conference on Wednesday that Japan and the United States were in talks about the sanctions on Iran, but declined to reveal details.
« Japan and the U. S. are in talks now on re-application of U. S. sanctions against Iran, and I decline to reveal the details of the discussions, » Suga said.
« We are watching carefully the impact that the U. S. measure would cause, and we would like to negotiate with countries involved including the United States so as not to have an adverse impact on Japanese firms, » he added.

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