Japan
vows not to tolerate nuclear Iran despite oil
AFP
TOKYO
Petroleumworld.com 02 23 06
Japan's foreign minister vowed Friday that his country will not tolerate
a nuclear-armed Iran, despite its dependence on the Islamic republic
for oil.
"Basically, the nuclear issue is a different story from oil.
We do not follow a policy of tolerating Iran's possession of nuclear
weapons just because we want oil," Taro Aso told a news conference.
He spoke after the International Atomic Energy Agency said Iran had
failed to comply with a United Nations Security Council resolution
demanding it halt uranium enrichment, opening the way for further
sanctions.
Despite being a close US ally, Japan has maintained close trade ties
with Iran, which is its third-biggest oil supplier.
Asia's largest economy has few natural energy resources, making it
almost entirely dependent on the Middle East for its oil, of which
15 percent comes from Iran.
Japan signed a two-billion-dollar deal in 2004 to develop Iran's largest
onshore oil field at Azadegan. But Japan slashed its stake from 75
to 10 percent last year as the Iranian nuclear crisis intensified.
The foreign minister said Japan had not yet decided on any additional
sanctions to take against Iran.
"It is necessary for us to see how other countries act,"
Aso said.
Tokyo last week froze the assets of 10 groups and 12 individuals related
to Iran's nuclear and missile programmes, in line with the sanctions
resolution approved by the UN Security Council in December.
"Neither Japan nor the international community intends to block
technological development for the peaceful use of nuclear power. But
it is necessary for Iran to regain the trust of the international
community," Aso said.
Japan has championed a tough line against North Korea, which tested
an atom bomb in October and has tense relations with Tokyo.
AFP
23 0911 GMT 02 07
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