Connect with us

Hi, what are you looking for?

Investing

UN Security Council rejects China-Russia resolution extending Iran nuclear sanctions relief before deadline

The United Nations on Friday failed to adopt a resolution brought by China and Russia that would have extended sanctions relief for Iran for another six months under the nuclear deal.

The vote was 4 to 9, with Algeria, China, Pakistan and Russia in favor and Denmark, France, Greece, Panama, Sierra Leone, Slovenia, Somalia, the United Kingdom and the United States against.

Guyana and South Korea abstained.

The vote came after Britain, France and Germany triggered the deal’s ‘snapback’ measure, which reinstates sanctions on Iran following stalled talks on its nuclear program.

The sanctions, which will go into effect unless there’s a last-minute deal Friday, will include freezing Iranian assets abroad, halting arms deals with Tehran and penalizing any development of Iran’s ballistic missile program. 

‘We had hoped that European colleagues and the U.S. would think twice, and they would opt for the path of diplomacy and dialogue instead of their clumsy blackmail, which merely results in escalation of the situation in the region,’ Dmitry Polyanskiy, deputy Russian ambassador to the U.N., said during the meeting.

Iran’s foreign minister, Abbas Araghchi, had also been meeting with his French, German and British counterparts in the lead-up to the U.N. vote. 

A European diplomat told The Associated Press the meeting ‘did not produce any new developments, any new results.’

On Tuesday, Ayatollah Ali Khamenei, Iran’s supreme leader, also said Iran would not ‘surrender to pressure’ and that negotiations with the U.S. would be a ‘dead end.’ 

In an interview on Friday, Iranian President Masoud Pezeshkian called the decision ‘unfair, unjust and illegal.’

The Associated Press contributed to this report. 

This post appeared first on FOX NEWS
Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.

Error: Contact form not found.

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

World biggest companies

You May Also Like

Editor's Pick

Former independent presidential candidate Robert F. Kennedy Jr. is back in the headlines — not for suspending his campaign last week and endorsing Republican...

Editor's Pick

Sister Stephanie Schmidt had a hunch about what her fellow nuns would discuss over dinner at their Erie, Pennsylvania, monastery on Wednesday night. The...

Investing

Israel carried out limited strikes in Iran early Friday in retaliation for Tehran firing a barrage of missiles and drones at Israel last Saturday....

Latest News

Dong’s experience, both as head of the People’s Liberation Army Navy (PLAN) as well as operational assignments in the Chinese military’s Eastern and Southern...