Malaysia rebuffs US on Iran oil sales

reedak

Nominee Member
May 30, 2017
70
7
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1. The following are excerpts from Fernando Fong's May 10 article in The Rakyat Post.

(Begin excerpts)
In a recent development that has caught the public’s attention, Home Minister Datuk Seri Saifuddin Nasution Ismail has reaffirmed the country’s stance on recognizing only sanctions imposed by the United Nations Security Council (UNSC).

This statement comes in response to claims made by the US Treasury Department’s Under Secretary for Terrorism and Financial Intelligence Brian Nelson, who suggested that Iran has been relying on Malaysian service providers to sell US-sanctioned oil in the region.

During a meeting with Nelson, Saifuddin emphasized Malaysia’s commitment to combating terrorism financing and tackling illicit financial activities.

However, he also made it clear that Malaysia, as a sovereign nation, will only adhere to sanctions imposed by the UN and not by individual countries..... (End excerpts)

Source Link: https://www.therakyatpost.com/news/...e-only-recognise-un-sanctions-not-us-threats/

2. Poster's Comment:

Uncle Sam was certainly shocked by Malaysia's defiance of US pressure on halting shipments of sanctioned Iranian oil. This is the first time the US ever gets such a bold rebuff from a small country that, unlike the Philippines, does not even claim to be the so-called "middle power".

To put it simply, quoting the words of economics professor Geoffrey Williams at the Malaysia University of Science and Technology (MUST): “Malaysian businesses can do business with anyone unless there are UN sanctions regulations to stop it, but the US cannot stop Malaysian companies doing business with others."

Malaysia's response is unique, simple, rational, direct and as "sharp" as the kris of Hang Tuah, the legendary warrior who lived in the 15th century during the golden age of the Malaccan Sultanate.

Malaysia has set the standard for all other countries in rebuffing US economic imperialism.

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