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Latest Headlines:Here is latest headlines as scroll textThursday, May 17, 2012

China pledges Iran cooperation as oil minister visits

An oil refinery off the Iranian coast

BEIJING (AFP) - Chinese Vice Premier Li Keqiang met Iran's oil minister in Beijing on Friday, pledging continued cooperation with Tehran to "protect global security", state television reported.
Massoud Mirkazemi arrived in Beijing on Thursday seeking new investments in Iran's energy sector, including funding for new refineries, according to the Iranian oil ministry's news agency Shana.
But Fri [...]

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China defends business ties with Iran

Fact file on China and Iran's trade relations.

BEIJING (AFP) - China has defended its business dealings with Iran after a senior US official called on Beijing to follow UN sanctions against the Islamic republic to the letter.
The statement from a Chinese foreign ministry spokeswoman published in state media Thursday also came after a senior US lawmaker called for sanctions to be imposed on Beijing over its major investments in Tehran's ener [...]

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China invests $40 bln in Iran oil, gas: minister

Iran's main economic partner China has invested around 40 billion dollars in the Islamic republic's oil and gas sector

TEHRAN (AFP) - Iran's main economic partner China has invested around 40 billion dollars in the Islamic republic's oil and gas sector, a senior Iranian official said on Saturday.
Deputy Oil Minister Hossein Noqrehkar Shirazi also said that Tehran's oil exports to China fell by 30 percent in the first six months of 2010 compared with the corresponding period last year.
"The volume (of Chi [...]

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China disapproves of EU sanctions against Iran

Technicians prepare to wash the reactor of the Bushehr nuclear power plant in Iran

BEIJING (AFP) - China said Friday it opposed tough new sanctions imposed by the European Union on Iran over its contested nuclear programme, again calling for more talks to resolve the standoff.
"China disapproves of the unilateral sanctions put in place by the EU against Iran," foreign ministry spokeswoman Jiang Yu said in a statement.
"We hope the relevant parties will adhere to diplom [...]

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US to press China, UAE, others on Iran sanctions

An Iranian technician looks at a camera installed by the International Atomic Energy Agency

WASHINGTON (AFP) - The United States announced Thursday that top officials will fan out starting next week to China, the United Arab Emirates, and other key countries in support of tighter sanctions against Iran.
"China is of concern to us in this regard," Robert Einhorn, the US State Department's special adviser for nonproliferation and arms control, told the House Oversight and Govern [...]

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