Turkey and China are providing Iran with banking facilities to purchase necessary goods.
A London-based newspaper claims Turkey and China are helping Iran to evade UN sanctions by providing Tehran with banking facilities to purchase necessary commodities through indirect means.
According to an article published by The Telegraph on Tuesday, Iran's central bank is using a number of financial institutions in China and Turkey to fund the purchase of vital goods, thus to blunt the impact of the Western sanctions on the country’s financial sector.
Washington imposed new sanctions against Tehran on the New Year’s Eve to ban other countries from purchasing the country’s crude oil or doing transaction with its central bank.
The European Union also imposed new sanctions against Tehran on January 23, including a ban on importing the Iranian crude by the EU members, a freeze on the country’s central bank assets within the EU states, and a ban on selling diamonds, gold and other precious metals to Iran.
According to Western security officials, China, which is Iran's largest oil trading partner, is playing a major role in helping the country to avoid the sanctions.
Turkey, which maintains good diplomatic relations with Tehran, is particularly useful to Tehran because of its close trading ties with Europe.
The United States, Israel and the European countries claim that Iran's peaceful nuclear program contains a military component and have used that claim as pretext to impose four rounds of international sanctions on the country through the UN Security Council in addition to unilateral sanctions.
Iran insists that as a member of International Atomic Energy Agency and a signatory to the nuclear Non-Proliferation Treaty, it is entitled to peaceful applications of the nuclear energy.
SS/PKH/IS
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