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Turkey not obliged to abide by sanctions imposed by US or UK against Iran: FM

09:06 PM | 25 Jul, 2018
Turkey not obliged to abide by sanctions imposed by US or UK against Iran: FM
ANAKRA - Turkey opposes sanctions on Iran and is not obliged to abide by sanctions imposed by the US, the UK or any other country, Foreign Minister Mevlüt Çavuşoğlu said Tuesday.

Cavusoglu said on Tuesday that Turkish authorities had conveyed the message to a delegation of US Treasury and State Department officials during a visit to Ankara last week.

“A US delegation visited Ankara. We have told them we will not join these sanctions,” he said. “We buy oil from Iran and we purchase it in proper conditions. What is the other option?”

“While we are explaining why we will not obey these sanctions, we have also expressed that we do not find these US sanctions appropriate,” the top Turkish diplomat added.

Following the US delegation’s visit to Ankara, Turkey’s Foreign Ministry said in a statement that the country’s officials are working to prevent Ankara from being negatively affected by the re-imposition of US nuclear sanctions against Iran.

The ministry further emphasized that Iran was an important neighbor for Turkey and that Ankara would continue to monitor the US sanctions within this framework.

On May 8, President Donald Trump unilaterally withdrew the US from a 2015 multilateral nuclear deal with Iran over the objections of Europe as well as Russia and China — the other parties to the deal, which is officially known as the Joint Comprehensive Plan of Action (JCPOA).

The withdrawal entailed not only the re-imposition of sanctions on Iran but also the so-called secondary sanctions on third countries. Some of those sanctions will take effect after a 90-day wind-down period ending on August 6, and the rest after a 180-day wind-down period ending on November 4.

Most recently, the Trump White House has announced that it seeks to supposedly bring Iran’s oil sales down to “zero.”

The measures would collectively cause difficulties for companies doing business with Iran. Nevertheless, Europe and Russia and China have decided to explore ways to maintain the JCPOA and trade with Iran.

The writer is a staff member. He has been affiliated with Pakistan's leading English newspapers and worked as News Producer at FM 107.4. Death (as...he believes...life is a station, and death is a longest journey from seen to unseen world), Rain, and winter's Full Moon 'Jarray ki Chandani' always fascinate him too much.

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Currency Rates Today - Pakistani Rupee to US Dollar, Euro, Pound, Dirham, Riyal - 22 July 2024

Pakistani rupee rates against US Dollar and other currencies on July 22, 2024 (Monday) in open market.

USD to PKR Rate Today

US dollar was being quoted at 279.15 for buying and 280.85 for selling. Euro's buying rate remains stable at 301.25 and selling rate is 303.25.

British Pound rate is 354.75 for buying, and 358.25 for selling. UAE Dirham AED was at 76.4 and Saudi Riyal lowered to 73.60.

Currency Rates Today

Currency Symbol Buying Selling
US Dollar USD 279.15 280.85
Euro EUR 301.25 303.25
UK Pound Sterling GBP 354.75 358.25
U.A.E Dirham AED 76.40 77.15
Saudi Riyal SAR 73.60 74.32
Australian Dollar AUD 184.75 186.55
Bahrain Dinar BHD 741.15 749.15
Canadian Dollar CAD 203.50 205.50
China Yuan CNY 38.35 38.75
Danish Krone DKK 40.05 40.45
Hong Kong Dollar HKD 35.70 36.05
Indian Rupee INR 36.05 36.05
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 908.25 917.35
Malaysian Ringgit MYR 58.95 59.75
New Zealand Dollar NZD 169.24 171.24
Norwegians Krone NOK 26.04 26.34
Omani Riyal OMR 722.87 730.89
Qatari Riyal QAR 76.39 77.09
Singapore Dollar SGD 202.00 204.00
Swedish Korona SEK 26.40 26.70
Swiss Franc CHF 309.05 311.55
Thai Bhat THB 7.50 7.65

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