US Delegation to Discuss Iran Sanctions in Ankara

  • 7/20/2018
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A US delegation of Treasury and State Department officials will meet Turkish authorities on Friday to discuss sanctions targeting Iran, an official from Turkeys foreign ministry said. "A US delegation currently holding talks in India will be visiting Ankara on Friday regarding sanctions against Iran," a foreign ministry official told Reuters. "The delegation will meet with related institutions, including from the foreign and finance ministries." A US embassy spokesman confirmed that the talks would take place on Friday and would focus on Iran sanctions. Two months ago President Donald Trump pulled the United States out of a 2015 nuclear pact with Iran reached by his predecessor Barack Obama and other world powers, and ordered tough US sanctions on Tehran. A senior State Department official said last month Washington had told its allies to cut imports of Iranian oil by November - a call which Ankara publicly resisted. "Iran is a good neighbor and we have economic ties. We are not going to cut off our trade ties with Iran because other countries told us so," Foreign Minister Mevlüt Çavuşoğlu said three weeks ago. Turkey, a NATO ally, is dependent on imports for most of its energy needs. In the first four months of this year, Turkey bought more than 3 million tonnes of crude oil from Iran, almost 55 percent of its total crude supplies, according to data from the Turkish energy watchdog (EPDK). President Tayyip Erdogan said that Iranian and Turkish governments should prepare the ground for achieving the trade volume of $30 billion from $10 billion. Data shows that Turkey has been a customer for the Iranian oil during the past four months of 2018, and has imported 3.07 million barrels of Iranian crude oil.

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