Japan and South Korea in talks with the U.S. government to avert damage from Iran sanctions

South Korea's President Moon Jae-in and US President Donald Trump wait for a meeting at the Palace Hotel during the 72nd United Nations General Assembly on September 21, 2017 in New York City. / AFP PHOTO / Brendan Smialowski

Vastavam web: Japan and South Korea, two major buyers of Iranian oil, are in talks with the U.S. government in a bid to avoid adverse impacts from Washington’s reimposition of sanctions aimed at cutting Iran out of international markets.The United States is demanding countries cut all imports of Iranian oil from November, a senior State Department official said on Tuesday as the Trump administration ramps up pressure on allies to cut off funding to Iran.

Both countries won waivers that allowed them to buy limited amounts of oil from Iran during the previous round of sanctions that ended in 2016, but Washington has this time adopted a more aggressive stance.“Japan and the U.S. are in talks now on re-application of U.S. sanctions against Iran, and I decline to reveal the details of the discussions,” Suga said.

“We are watching carefully the impact that the U.S. measure would cause, and we would like to negotiate with countries involved including the United States so as not to have an adverse impact on Japanese firms,” he added.“We are in the same position as Japan. We are in talks with the United States and will keep negotiating to get an exemption,” said the official.