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China says EU ban on Iran oil not "constructive"

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EDITORS' NOTE: Reuters and other foreign media are subject to Iranian restrictions on leaving the office to report, film or take pictures in Tehran. REUTERS/Raheb Homavandi

EDITORS' NOTE: Reuters and other foreign media are subject to Iranian restrictions on leaving the office to report, film or take pictures in Tehran.

Credit: Reuters/Raheb Homavandi

BEIJING | Thu Jan 26, 2012 9:36am EST

BEIJING (Reuters) - China on Thursday criticized the European Union for banning oil imports from Iran, Beijing's third biggest crude supplier and a major trading partner.

The European Union agreed on Monday to ban imports of oil from Iran and imposed a number of other economic sanctions, joining the United States in a new round of measures aimed at pushing Iran into reining in its nuclear activities that Tehran says are for peaceful purposes.

China, the world's second largest crude consumer, has long opposed unilateral sanctions that target Iran's energy sector and has tried to reduce tensions that could threaten its oil supply.

Last week, Beijing told a visiting Iranian delegation that returning to nuclear talks was a "top priority." During a tour to Arab states earlier this month, Chinese premier Wen Jiabao also made a strong statement opposing Iran developing and possessing nuclear weapons, but defended China's right to buy Iranian crude oil as normal trade activity.

Asked about the EU embargo, China's Foreign Ministry said in a faxed statement: "It is not a constructive approach to simply pile up the pressure and impose sanctions."

"China hopes relevant parties to resort to measures conducive to regional peace and stability," the statement added.

China is the largest buyer of Iranian crude oil, importing 30 percent more from Iran in 2011 compared to the previous year. But China halved its purchases from Iran in January and February, following a dispute over the terms of payment.

(Reporting by Chen Aizhu and Tracy Zheng; editing by Miral Fahmy)

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Comments (10)
cp61 wrote:
nothing that destabilizes repressive regimes is considered constructive in china.
or Russia for that matter.

Jan 26, 2012 4:19am EST  --  Report as abuse
sithan wrote:
The Chinese know that a war in Iran will leave China without oil and kneeling in front of its largest debtor (the USA). The great war that Americans want will begin soon, but this time the USA territory will also receive direct and very destructive impacts.

Jan 26, 2012 6:00am EST  --  Report as abuse
cp61 wrote:
it’s a big country
bring your lantern and your lunch.

Jan 26, 2012 7:14am EST  --  Report as abuse
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