WASHINGTON (Gray DC) – Vice President JD Vance said Thursday that \u201cOperation Economic Outcast,\u201d the Treasury Department\u2019s effort to isolate Iran economically, is working, even as China continues trade ties with Iran.<\/p>\n
Treasury Secretary Scott Bessent announced the operation early last week, describing it as an effort to achieve the total economic isolation of Iran from global trade and finance and force Iran back to the negotiating table.<\/p>\n
Gray Media\u2019s White House correspondent Jon Decker asked Vance on Thursday whether any country besides the UAE had joined in isolating Iran, and how the operation could succeed without China\u2019s participation.<\/p>\n
\u201cWell, first of all, you do have, I think the Chinese, the PRC being willing to to play ball here,\u201d Vance said.<\/p>\n
Vance said other countries are also involved.<\/p>\n
\u201cBut it\u2019s not just the PRC. If you look at Turkey, if you look at Azerbaijan, if you look at, UAE, Saudi Arabia, Qatar, a lot of the Gulf Arab coalition, but if you look all across the world, we\u2019re actually seeing a lot of countries. Sometimes they\u2019re not willing to say so publicly, but privately they\u2019re doing a lot of good things to help us ensure that the Iranians pay a penalty for firing on commercial shipping,\u201d Vance said.<\/p>\n
Last week, Secretary Bessent called the sanctions against Iran, \u201cthe toughest sanctions in history.\u201d China buys more than 80% of Iran\u2019s oil exports and is not cooperating with the sanctions.<\/p>\n
China and neighboring Pakistan have said they will not comply with the U.S. sanctions and intend to continue trade ties with Iran.<\/p>\n
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