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Investment in Iran is 'normal business': China

By One India

Beijing, Aug 5: China claimed that its business dealings with Iran is 'normal business'. China defended the dealings after a senior US official called on China to follow UN sanctions against Iran to the letter.

"China's trade with Iran is normal business exchange, which will not harm the interests of other countries and the international community," said Jiang Yu, Foreign Ministry spokeswoman.

"As a permanent member of the UN Security Council, China has always observed the council's resolutions," she added.

On Monday, Aug 2, Robert Einhorn, the US State Department's special adviser for non-proliferation and arms control, asked China to fully back sanctions on both Iran and North Korea.

In Jun 2010, the UN Security Council imposed a fourth set of sanctions on Iran over its disputed nuclear drive, which the West and Israel say is a covert weapons drive, and especially over its refusal to freeze uranium enrichment.

China planned to invest 40 billion dollars in Iran's oil and gas industry.

OneIndia News

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