ECONOMIC IDEAL – Beijing, Nov 18, IRNA- A Chinese media reported that Europe is not ready to ignore the relations with Iran and to stop trade exchanges with Tehran despite the unilateral sanctions re-imposed against Iran.
The European authorities are holding consultations to set up an independent payment system for trade with Iran free of American sanctions and would not like to surrender to the US, Ecns.cn the official news language website of china news service(CNS), a state-level news agency wrote on Sunday.
It might be difficult to launch the system, but it's not impossible and operating it is important, and it can be a way to expand trade with Iran away from sanctions, the report said.
Ecns.cn went on to say that the European companies will continue to trade with Iran on the basis of European laws and do not allow others to decide for them.
The Chinese media stipulate that Europe has problems to operate the system and seeks to host it, but it is not confused and will ultimately find ways to do so.
The report points to a number of European officials suggesting that the union should find a way to independent payment and trade with Iran, adding that Europe could not admit that a foreign power, not even close ally of the US, decided to halt a legitimate trade with another country (Iran).
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Source : I R N A