Treasury Secretary Scott Bessent said on Sept. 15 that he would meet with Chinese Vice Premier He Lifeng this weekend to discuss Iran sanctions ahead of Chinese leader Xi Jinping’s visit to Washington.
Bessent made the remarks during a House Financial Services Committee hearing in response to a question about U.S. efforts to prevent Iran from circumventing sanctions.
He said the United Arab Emirates has announced that it would halt financial transactions with Iran and that he plans to raise the issue with China, the largest buyer of Iranian oil.
The United States has sought to sever financial lifelines supporting the Iranian regime, including by imposing measures targeting Iran’s trade partners in an effort to economically isolate the country….