Who is the victim of US unilateral sanction against Iran?

By Zhong Sheng
0 Comment(s)Print E-mail People's Daily, August 6, 2012
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Liberal economics [By Jiao Haiyang/China.org.cn]

On July 31, U.S. President Barack Obama announced two sanction measures against Iran. Accused of providing financial service to Iranian banks, Kunlun Bank of China was included in the sanction list. January also witnessed that the United States, in accordance with the so-called Iran sanctions package, imposed sanctions on China’s Zhen Rong Company for no reason.

In recent years, at the excuse of Iran’s controversial nuclear program, the United States has issued several sanctions without permission of the U.N. Security Council. According to International law, a country has no right to impose its domestic law on other countries while a country has no obligation to observe domestic law of other countries. However, it is the domestic law that the United States invoked to impose sanction on Kunlun Bank, supporting statements of which cannot be found in U.N. Security Council resolutions on the Iranian nuclear issue.

The U.N. Security Council neither bans any country to conduct oil trade with Iran, nor orders any country to completely stop financial cooperation with Iran. The overreaching U.S. jurisdiction is of extra-territoriality, which is its pursuit of international hegemony and power politics by means of domestic law.

The relationship between China and Iran is normal and bilateral business cooperation in energy and other economic sectors is transparent and legitimate, which has no link to Iran’s nuclear program and has no breach of any U.N. Security Council resolution, international rules or the third party’s interest.

The U.S. Department of State spokesman Patrick Ventrell emphasized that the sanction “was not taken against China, nor does it change the fundamental nature of our cooperation with China on Iran”. However, in fact the U.S. sanction is targeted at China’s economy and financial entities and hurts China’s national interest and dignity, which inevitably will cast a shadow over the Sino-US bilateral cooperation.

China always supports the efforts to safeguard the international non-proliferation regime and opposes any Middle East country including Iran developing and possessing nuclear weapon. It’s impossible to settle the Iran nuclear issue by sanctions and heavy-handed polices. Dialogue and negotiation is the sole way. China presses ahead with talks other international players and plays a constructive role in solving the Iran nuclear issue.

The United States’ unilateral punishments on Chinese companies will jeopardize the solidarity of the international non-proliferation regime. International community’s coordination on Iran nuclear issue will also be harmed by the U.S. tough countermeasure to the strategic split occurred in the cooperation with China on the Iran issue.

 

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