Search

China rebukes US over unilateral sanctions as 25-year agreement with Iran enters implementation stage

07:42 PM | 15 Jan, 2022
China rebukes US over unilateral sanctions as 25-year agreement with Iran enters implementation stage

BEIJING – China reiterated its stand against the unilateral sanctions imposed by the United States on Iran as the Chinese and Iranian foreign ministers vowed the launch the implementation of a 25-year cooperation agreement to boost bilateral economic and political relations.

The development comes during a meeting of Chinese State Councilor and Foreign Minister Wang Yi and Iranian Foreign Minister Hossein Amir Abdollahian in Wuxi, east China's Jiangsu Province on Friday.

The two countries agreed the plan for China-Iran comprehensive cooperation in March last year.

Both sides decided to further strengthen cooperation in energy, infrastructure, production capacity, science and technology, and medical and health care, according to a statement of the meeting.

Bilateral cooperation will also be expanded to agriculture, fisheries, cybersecurity and the third party market, as well as people-to-people and cultural exchanges in education, film and personnel training, said the statement.

China will continue to do its utmost to provide vaccines to Iran and is ready to expand cooperation in all areas to elevate the China-Iran comprehensive strategic partnership to a new level, CGTN quoted Wang as saying.

The Iran minister ensured support to China in safeguarding its core interests and upholding the one-China policy, adding that his country highly appreciates and will take an active part in jointly building the Belt and Road, the stat-run media reported.

Iran is firmly committed to promoting Iran-China cooperation, looks forward to learning from China's development experience and advanced technology, and is willing to become a trustworthy and long-term cooperative partner of China, he said.

Iran firmly supports China in hosting a successful Winter Olympic Games and will actively attend the opening ceremony and participate in the Games, he added.

The foreign minister also discussed Iranian nuclear situation where Chinese official slammed the US over unilateral withdrawal from the Joint Comprehensive Plan of Action (JCPOA), adding that the move has created the current difficult situation.

Wang urged the US to rectify its mistake as soon as possible, Wang said.

China will firmly support the resumption of negotiations on the implementation of the JCPOA and continue to participate constructively in follow-up negotiations, he said, adding that all parties should make efforts to advance the political and diplomatic settlement process.

Iran is committed to reaching a package of stable guarantee agreement through serious negotiations, and appreciates China's constructive role in the process, Abdollahian said.

Iran will maintain close communication with China, he added.

While talking about Middle East and Afghan issues, the Iranian side expressed its willingness to actively improve relations with Saudi Arabia and other Gulf countries.

Advertisement

Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 4 Dec  2023

Pakistani rupee's value remained stable against US dollar, Euro, Pound, Dirham, Riyal and other currencies in the open market.

Dollar Rate in Pakistan Today

On Monday, the US dollar was being quoted at 285.15 for buying and 287.95 for selling.

Euro rate stands at 309.9 for buying and 310.5 for selling. British Pound GBP rate stands at 359.4 for buying, and 360.05 for selling.

UAE Dirham AED currently hovers around 77.45 while rate of Saudi Riyal stands at 75.82.

Today’s currency exchange rates in Pakistan – 4 December 2023

Currency Symbol Buying Selling
US Dollar USD 285.15  287.95 
Euro EUR 309.9  310.5 
UK Pound Sterling GBP 359.4  360.05 
U.A.E Dirham AED 77.45 77.6
Saudi Riyal SAR 75.82 75.97
Australian Dollar AUD 187.72 188.22
Bahrain Dinar BHD 759.94 767.94
Canadian Dollar CAD 209.99 210.49
China Yuan CNY 39.78 39.88
Danish Krone DKK 41.95 42.05
Hong Kong Dollar HKD 36.38 36.48
Indian Rupee INR 3.39 3.5
Japanese Yen JPY 1.49 1.56
Kuwaiti Dinar KWD 926.39 935.39
Malaysian Ringgit MYR 60.38 60.98
New Zealand Dollar NZD 173.44 175.44
Norwegians Krone NOK 26.25 26.55
Omani Riyal OMR 742.16 750.18
Qatari Riyal QAR 78.5 79.2
Singapore Dollar SGD 212.45 212.95
Swedish Korona SEK 27.09 27.19
Swiss Franc CHF 325.38 325.88
Thai Bhat THB 8.05 8.09

Gold prices in Pakistan move down despite positive global cues

The gold remained under pressure as the precious metal moved down despite an upward trend in the international market.

Gold Rates in Pakistan Today - 4 December 2023

On the first day of the week, the price of a single tola of 24-karat gold stands at Rs217,000 and 10 grams of 24k gold costs Rs186,043 

A single tola of 22-karat gold costs Rs170,539, while 21 karat rate for each tola is Rs. 192,325 and the price of 18k gold is Rs164,850.

In the global market, gold prices hover at around $2086, gaining $14.44 on Monday.

Today Gold Rate in Pakistan

City Gold Silver
Lahore PKR 217,000 PKR 2,720
Karachi PKR 217,000 PKR 2,720
Islamabad PKR 217,000 PKR 2,720
Peshawar PKR 217,000 PKR 2,720
Quetta PKR 217,000 PKR 2,720
Sialkot PKR 217,000 PKR 2,720
Attock PKR 217,000 PKR 2,720
Gujranwala PKR 217,000 PKR 2,720
Jehlum PKR 217,000 PKR 2,720
Multan PKR 217,000 PKR 2,720
Bahawalpur PKR 217,000 PKR 2,720
Gujrat PKR 217,000 PKR 2,720
Nawabshah PKR 217,000 PKR 2,720
Chakwal PKR 217,000 PKR 2,720
Hyderabad PKR 217,000 PKR 2,720
Nowshehra PKR 217,000 PKR 2,720
Sargodha PKR 217,000 PKR 2,720
Faisalabad PKR 217,000 PKR 2,720
Mirpur PKR 217,000 PKR 2,720

Advertisement

Follow us on Facebook

Follow us on Twitter

Sign up for Newsletter