Japan pledged to take “concrete” action to reduce the amount of Iranian oil imports, Finance Minister Jun Azumi said in a press conference Thursday with his counterpart, US Treasury Secretary Timothy Geithner.
“What I told the secretary is that we have already reduced Iranian oil imports by 40% in the past five years,” Azumi said. “The nuclear development issue is an issue that the international community cannot overlook, so we very much understand the U.S. action.”
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Azumi gave no details regarding the timeline of the planned cuts.
Geithner welcomed the increased cooperation, especially in light of China’s rebuff of a similar appeal by the US earlier in the week.
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