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January 10, 2007

U.S. Urges China To Reconsider Oil Deal With Iran

Development work at Iran's South Pars gas field (file photo) (Fars)

January 10, 2007 -- The United States has urged China to reconsider a $16 billion deal with Iran on the development of oil and gas fields.

A spokeswoman for the U.S. Embassy in Beijing said the United States had raised its concerns with the Chinese government over the memorandum of understanding signed last month between Iran and the China National Offshore Oil Corp.


The deal was signed shortly before the UN Security Council, including permanent member China, voted last month to impose limited economic sanctions on Iran over its nuclear program.


(dpa)


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