US extends Iran oil sanctions waivers to SL

30 November 2013 02:49 am - 13 - {{hitsCtrl.values.hits}}

A A A

The U.S. State Department extended six-month Iran sanctions waivers on Friday to nine countries including Sri Lanka in exchange for their reducing purchases of Iranian crude oil earlier this year.

"I am pleased to announce that, based on additional significant reductions in the volume of their purchases of Iranian crude oil, China, India, the Republic of Korea, Turkey, and Taiwan have again qualified for an exception to sanctions," US Secretary of State John Kerry said in a statement on Friday.

Malaysia, South Africa, Singapore, and Sri Lanka have qualified again for the exception "because they no longer purchase crude oil from Iran," according to the statement.

The abovementioned states would be allowed to keep purchasing reduced amounts of Iranian crude oil for the next 180 days without any penalties from the US.

Under a 2012 law, Washington forced nations to stop buying Iranian oil or face sanctions based on allegations that Tehran’s nuclear program is not peaceful. However, the law allows the US to grant waivers to countries that reduce their purchases.

The Obama administration has not relaxed existing sanctions against Iran although Iran and six major powers reached a historic interim nuclear agreement in Geneva on November 24.

Kerry also said his country will continue to enforce its oil sanctions during the next six months.

"We will continue to aggressively enforce our sanctions over the next six months, as we work to determine whether there is a comprehensive solution that gives us confidence that the Iranian nuclear program is for exclusively peaceful purposes," he said.

This is while US President Barack Obama defended the six-month accord with Iran.

“We cannot close the door on diplomacy," Obama said. "We cannot commit ourselves to an endless cycle of conflict, and tough talk and bluster may be the easy thing to do politically, but it's not the right thing for our security."

Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

Sell your vehicle & house fast with hitad.lk only cost is Rs.400, Advertise in Hitad.lk for free to sell your mobile phone. Want to sell your Pet, Advertise for Free in hitad.lk Search for Houses in Sri Lanka and find the best place through Hitad.lk find your best tuition place. Find the best partner for you, visit hitad.lk Find anything at any time hitad.lk.

Comments - 13

Road runner Sunday, 01 December 2013 01:19 AM

It will come bake on next election time

UN-tidy Sunday, 01 December 2013 02:12 AM

How can US impose sanctions on countries? why UN was created? and by this US shows that China and Russia too are under Yankees control.

Suq Madique Sunday, 01 December 2013 02:17 AM

The US doesn't control...they dominate and bully.

pradeep Saturday, 30 November 2013 11:04 AM

US,EU,UK & Western influence UN, illogic dirty political policies are long & short term effect for the developing countries and future of their inhabitant, extremely innocent human lives.

deen Saturday, 30 November 2013 12:47 PM

Mr.raspi
its in our blood that we like everything free, i believe you you might have never been to west here in the west even you sleep you pay tax the government to function each and every citizen have to a tax every year depend on income we are charged accordingly average citizen pay roughly about 57% of their income as tax to government federal as well as provincial in US after paying all these if you don't have health insurance you die in the street
but in srilanka we have free medicare free education etc which you don't find in most part of the world we are bless with culture a kind of gifted people
dont expect everything free i understand its human nature greed our sri lankans are not greed but wants everything free

i am not a goverment supporter or opposition supporter i personally don't like politics
soory about if u misunderstand

only that

Cobra Saturday, 30 November 2013 12:58 PM

No matter oil prices here will be increased tomorrow together with gas- it's inevitable!

Ashiq Saturday, 30 November 2013 12:00 AM

we have to admit that US control us in many ways. via DM Android App

raspi Saturday, 30 November 2013 03:59 AM

Even if they give oil for free our fuel prices will never go down

ANTON Sunday, 01 December 2013 04:14 AM

KEYS OF MY KEY BOARD IS MARKED IN CAPITAL LETTERS ONLY

Deen Saturday, 30 November 2013 04:02 PM

Our nation has to suffer because of this ungrateful country.

Jagath Leanage Saturday, 30 November 2013 05:24 PM

Now, will we get Petrol and Diesel at a lesser cost and ease our C.O.L.?

ANTON Saturday, 30 November 2013 06:03 AM

IS DIGGING FOR THE EXPLORATION OF OIL IN SRILANKA NOT COMPLETED YET ?

capslokka Saturday, 30 November 2013 06:11 PM

Anthony, is your caps lock permanently on ?

Add comment
Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

US extends Iran oil sanctions waivers to SL

Comments - 13

Add comment

RECOMMENDED

Kamal Haasan returns to cinema with blockbuster ‘Vikram’

Lesson for Lanka from Ecuador’s crises, its relations with US and China

Some mill owners sell imported rice under local brands - Dudley Sirisena

Spotlight on losses associated with so called development projects

Fresh Approaches in Safeguarding the Environment

Without a Plan will Sri Lanka Overcome?

Free-fall of the nation Where is the alternative to ruinous Gotabaya regime?

Most Viewed in News

Fuel prices to increase tomorrow?

Sri Lanka to purchase four fuel shipments from India on cash payment terms

Japan will not help SL now

CB to liquidate five failed finance companies

PM appeals to social media activists not to insult Hirunika

'Stop the vehicles protest' begins at 10 am

TODAY'S HEADLINES

Current developments in Sri Lanka SL envoy in New Delhi briefs BJP Rajya Sabha MP

Theft of jewellery from a shop in Norwood town Four suspects including a woman arrested

Customs seize Rs.60Mn worth booze, fags, cosmetics sent from abroad

Sri Lanka turns to Saudi Arabia for fuel on utmost urgent basis

MIRROR CRICKET

England take early T20I series lead over Sri Lanka

New Zealand clinch World Test title

LPL 2nd edition from July 30-August 22-SLC

Sanath Jayasuriya signs as coach at Melbourne cricket club Mulgrave

Spinners bowl Australia to win in first Test

Brother of Shane Warne to visit Foundation of Goodness

Australia take lead, spurred by Green, Khawaja half centuries

Five for Lyon, Australia hold edge