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Turkey, US discuss Iran sanctions

Anadolu news agency quoted a Turkish diplomatic source that the country's officials on Friday (July 20) met the US delegation, headed by the Assistant Secretary of the US Treasury Marshall Billingslea.

'Our relevant authorities are carrying out necessary work for Turkey to avoid any negative impact from the upcoming sanctions. In this regard, we are holding consultations with our American counterparts,' Anadolu cited Turkey's Foreign Ministry sources, who asked not to be named.

'Iran is an important neighbor for Turkey, in view of both our bilateral economic and commercial relations as well as our energy imports. Therefore, we will continue to monitor US sanctions within this framework,' the source added.

Iran and the five permanent members of the UN Security Council (the US, France, Britain, China, and Russia) plus Germany signed the Joint Comprehensive Plan of Action (JCPOA) in 2015. Iran accepted to curb its nuclear program in exchange for economic sanctions relief.

The US President Donald Trump withdrew from the deal on May 8, calling it the worst deal ever. Washington has also re-imposed the economic sanctions the first set of which will take effect on August 6.

Washington has urged its allies to halt their oil imports from Iran by November 4. The decision has prompted some major customers of Iran crude, such as South Korean and India, to explore ways for escaping the demand.

Iran's oil made up 55 percent of Turkey's crude supplies in the first four months of 2018.

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