Japan to reduce oil imports from Iran

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12-01-2012 | 04:16
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Japan to reduce oil imports from Iran
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Japan to reduce oil imports from Iran
Japan gave a boost Thursday to the U.S. campaign to sanction Iran over its nuclear program, pledging to buy less Iranian oil, a day after China reacted coolly to the U.S. effort.         

Iran's "nuclear development problem can't be ignored by the world, so from that perspective we understand the U.S. actions," Finance Minister Jun Azumi told reporters after meeting with U.S. Treasury Secretary Timothy Geithner, who was visiting Tokyo after two days in Beijing.          

Japan imports about 10 percent of its oil from Iran, Azumi said.          

"We plan to start reducing this 10 percent share at soon as possible in a planned manner," he said.          

Japan's quick agreement contrasts with China's public silence on the matter during Geithner's visit there.

A diplomat who briefed reporters about an upcoming Middle East trip by Premier Wen Jiabao repeated an earlier government statement rejecting sanctions as a way to resolve the dispute with Iran.         

AP

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