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Mike Pompeo pushes for CAATSA waiver so that countries like India aren't affected

INDIAPOSITIVE

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WASHINGTON: US Secretary of State Mike Pompeo has urged the Congress to provide the necessary waiver so that its sanctions on Russia under CAATSA does not impact countries for which it is not intended for.

Provisions of the Countering America's Adversaries Through Sanctions Act (CAATSA) threaten India and several other close friends and allies of the US with sanctions.

CAATSA is a US federal law that imposed sanctions on Iran, North Korea and Russia. It includes sanctions against countries that engage in significant transactions with Russia's defence and intelligence sectors.

India is planning to purchase five S-400 Triumf air defence systems for around $4.5 billion from Russia, which US officials say could be considered as a significant military purchase.

"Will you make a commitment that you'll help (Defence) Secretary (Jim) Mattis get the waivers that he needs in order to make sure that these sanctions don't hit folks that were not intended to be harmed by these sanctions?" Pompeo asked Senator Robert Menendez, Ranking Member of the Senate Foreign Relations Committeeduring a Congressional hearing yesterday.

Pompeo was referring to the letter written by Mattis to the Congress in which he has sought waiver for certain countries from CAATSA legislation, which was signed into law by the US President Donald Trump in August 2017.

Under this, any significant purchase of military equipment from Russia would attract American sanctions.

Mattis recently wrote a letter to the Congress seeking waiver for certain provisions.

"I know it's not my day to ask questions, but it is my day to ask for things that I think we need," Pompeo said.

Menendez, a strong advocate of CAATSA sanctions, urged Pompeo to go ahead with the sanctions. He remained non-committal to waiver move.


"I have to see the specifics of what Secretary Mattis wants," said the Democratic Senator from New Jersey.

"I also have to say, if we're going to allow countries that are sanctioned, because we believe in the sanctions policy, and they want to get off the hook because there's some other benefit, well then we begin to erode the sanction policies and we pick and choose. And other countries will seek the same questions. I'm open to listen to it. But it has to follow, in essence, what our policy is trying to achieve," Menendez added.


https://timesofindia.indiatimes.com...india-arent-affected/articleshow/64317376.cms
 
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lol.......waiver for S-400's for India and Turkey, waivers for China, Japan, India and South Korea purchasing Iran oil and gas......waivers for ZTE and a hundred other Chinese companies doing business with sanctioned countries......lol......The US is a joke! Nobody takes them seriously anymore.
 
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No waivers should be provided. India could buy weapons from US, Israel or EU.
 
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why not buy your oil and gas from the US too instead of from Iran and Iraq........see how that turns out for you. lol

https://www.eia.gov/tools/faqs/faq.php?id=727&t=6

We do

How much petroleum does the United States import and export?
In 2017, the United States imported approximately 10.1 million barrels per day (MMb/d) of petroleum from about 84 countries. Petroleum includes crude oil, natural gas plant liquids, liquefied refinery gases, refined petroleum products such as gasoline and diesel fuel, and biofuels including ethanol and biodiesel. About 79% of gross petroleum imports were crude oil.

In 2017, the United States exported about 6.3 MMb/d of petroleum to 180 countries. About 82% of total petroleum exports were petroleum products. The resulting net imports (imports minus exports) of petroleum were about 3.7 MMb/d.

The top five source countries of U.S. petroleum imports in 2017 were Canada, Saudi Arabia, Mexico, Venezuela, and Iraq.

Top sources and amounts of U.S. petroleum imports (percent share of total), respective exports, and net imports, 2017
million barrels per day

Import sources
Gross imports Exports Net imports
Total, all countries 10.08 6.34 3.73
OPEC countries 3.36 (33%) 0.20
3.16
Persian Gulf countries 1.74 (17%) <0.01 1.73
Top five countries1
Canada 4.02 (40%) 0.84 3.18
Saudi Arabia 0.95 (9%) <0.01 0.95
Mexico 0.68 (7%) 1.06 -0.38
Venezuela 0.67 (7%) 0.08 0.60
Iraq 0.61 (6%) 0.00 0.61
1 Based on gross imports by country of origin.

The top five destination countries of U.S. petroleum exports in 2017, export volume, and share of total petroleum exports

Mexico—1.06 MMb/d—17%
Canada—0.84 MMb/d—13%
China—0.45 MMb/d—7%
Brazil—0.40 MMb/d—6%
Japan—0.35 MMb/d—6%
 
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India imports 63% of its oil from the ME. The US can't replace/ supply India that much oil. The US still imports more oil even today than it exports, FYI.

Just a basic breakdown of where India imports its oil from:

https://economictimes.indiatimes.co...as-lead-oil-supplier/articleshow/62120071.cms

https://www.eia.gov/tools/faqs/faq.php?id=727&t=6

We do

How much petroleum does the United States import and export?
In 2017, the United States imported approximately 10.1 million barrels per day (MMb/d) of petroleum from about 84 countries. Petroleum includes crude oil, natural gas plant liquids, liquefied refinery gases, refined petroleum products such as gasoline and diesel fuel, and biofuels including ethanol and biodiesel. About 79% of gross petroleum imports were crude oil.

In 2017, the United States exported about 6.3 MMb/d of petroleum to 180 countries. About 82% of total petroleum exports were petroleum products. The resulting net imports (imports minus exports) of petroleum were about 3.7 MMb/d.

The top five source countries of U.S. petroleum imports in 2017 were Canada, Saudi Arabia, Mexico, Venezuela, and Iraq.

Top sources and amounts of U.S. petroleum imports (percent share of total), respective exports, and net imports, 2017
million barrels per day

Import sources
Gross imports Exports Net imports
Total, all countries 10.08 6.34 3.73
OPEC countries 3.36 (33%) 0.20
3.16
Persian Gulf countries 1.74 (17%) <0.01 1.73
Top five countries1
Canada 4.02 (40%) 0.84 3.18
Saudi Arabia 0.95 (9%) <0.01 0.95
Mexico 0.68 (7%) 1.06 -0.38
Venezuela 0.67 (7%) 0.08 0.60
Iraq 0.61 (6%) 0.00 0.61
1 Based on gross imports by country of origin.

The top five destination countries of U.S. petroleum exports in 2017, export volume, and share of total petroleum exports

Mexico—1.06 MMb/d—17%
Canada—0.84 MMb/d—13%
China—0.45 MMb/d—7%
Brazil—0.40 MMb/d—6%
Japan—0.35 MMb/d—6%
 
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why not buy your oil and gas from the US too instead of from Iran and Iraq........see how that turns out for you. lol
How can we import crude oil from a country which itself is a net importer of Crude Oil...Don't go by his Flag ....
 
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lol.......waiver for S-400's for India and Turkey, waivers for China, Japan, India and South Korea purchasing Iran oil and gas......waivers for ZTE and a hundred other Chinese companies doing business with sanctioned countries......lol......The US is a joke! Nobody takes them seriously anymore.

These stupid redneck Americans are an absolute joke. What effect do their sanctions have? LOL at the waivers.
 
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