"China's Ministry of Commerce stated that the US sanctions improperly restrict business between Chinese enterprises and third countries, violating international law and basic norms governing international relations."
"The prohibition order issued by the Chinese government stipulates that the sanctions shall not be recognized, enforced, or complied with to safeguard national sovereignty, security, and development interests."
"The US Treasury Department labeled Hengli Petrochemical as one of Tehran's most valued customers, claiming it generated hundreds of millions of dollars in revenue for the Iranian military through crude oil purchases."
China's Ministry of Commerce announced an injunction against US sanctions targeting five Chinese refiners accused of importing Iranian oil. The ministry stated that these sanctions improperly restrict business and violate international law. A prohibition order was issued, asserting that the sanctions would not be recognized or enforced to protect national interests. The US Treasury had previously labeled Hengli Petrochemical as a significant customer of Iran, claiming it generated substantial revenue for the Iranian military. China relies heavily on oil imports from the Middle East, particularly Iran.
Read at www.aljazeera.com
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