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.
The Proliferation Threat
The Arak heavy-water plant in central Iran (Fars)
BENDING THE RULES. Henry Sokolski, executive director of the Nonproliferation Policy Education Center, told an RFE/RL-Radio Free Asia briefing on January 9 that the West is hamstrung in dealing with Iran and North Korea because of the way it has interpreted the international nonproliferation regime to benefit friendly countries like India and Japan.