Sanctions on Iran pipeline project still there, says US

Published August 3, 2015
US State Department makes it clear that the lifting of sanctions for commercial deals with Iran had not started yet.—
US State Department makes it clear that the lifting of sanctions for commercial deals with Iran had not started yet.—

WASHINGTON: The Iran-Pakistan gas pipeline project will not yet benefit from the nuclear agreement that may ease economic sanctions on Tehran, says the US State Department.

On July 14, the United States and five other world powers signed a deal with Iran, which would end international economic sanctions on Tehran if it abandoned its nuclear weapons programme.

Tariq Fatemi, the prime minister’s special adviser on foreign affairs, told a think-tank in Washington last week that Pakistan welcomed the deal because it would open the doors for economic cooperation with Iran, including the construction of a pipeline to bring natural gas for the energy-starved South Asian nation.

Take a look: Tehran nuclear deal revives hope for Pakistan-Iran gas pipeline

Asked to comment on Mr Fatemi’s statement, a State Department spokesman Mark Toner said the lifting of sanctions for commercial deals with Iran had not started yet.

“We don’t consider Iran open for business yet, and there’s no new sanctions relief beyond the very limited relief under the joint plan of action that’s been in place since January 2014,” he said. “When Iran meets its key nuclear steps and we get to implementation day, then there will be commensurate relief of nuclear-related sanctions.”

The US official said that he would not offer “specific opinion” on “various possible future economic relations or economic deals or whatever, business deals.”

But “should those conversations progress to any transactions or other activities that are still sanctionable prior to implementation day, then we’ll continue to fully implement and enforce our sanctions,” he added.

Replying to another question, Mr Toner said the United States had close counter-terrorism cooperation with India, and supported New Delhi’s demand for bringing those to justice who were responsible for the Mumbai terrorist attacks.

“Our hearts go out to the victims of that attack and we want to see justice served, obviously, and we want to see the perpetrators brought to justice,” he said.

Published in Dawn, August 3rd, 2015

On a mobile phone? Get the Dawn Mobile App: Apple Store | Google Play

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Dangerous law
Updated 17 May, 2024

Dangerous law

It must remember that the same law can be weaponised against it one day, just as Peca was when the PTI took power.
Uncalled for pressure
17 May, 2024

Uncalled for pressure

THE recent press conferences by Senators Faisal Vawda and Talal Chaudhry, where they demanded evidence from judges...
KP tussle
17 May, 2024

KP tussle

THE growing war of words between KP Chief Minister Ali Amin Gandapur and Governor Faisal Karim Kundi is affecting...
Dubai properties
Updated 16 May, 2024

Dubai properties

It is hoped that any investigation that is conducted will be fair and that no wrongdoing will be excused.
In good faith
16 May, 2024

In good faith

THE ‘P’ in PTI might as well stand for perplexing. After a constant yo-yoing around holding talks, the PTI has...
CTDs’ shortcomings
16 May, 2024

CTDs’ shortcomings

WHILE threats from terrorist groups need to be countered on the battlefield through military means, long-term ...