Page 15 - DMEA Week 24 2022

DMEA NEWS IN BRIEF DMEA

POLICY In this ceremony, after the national moment with the majority of our refineries
anthem of the Islamic Republic of Iran and shut down, so we have no way of refining oil
Tehran, Ashgabat sign 9 Turkmenistan was played, the leaders of the purchased from Russia.”
two countries visited the ceremonial unit and
Mileham said it’s easier and cheaper to
MoUs, statements then introduced the accompanying high-level purchase refined fuel from refineries overseas
delegations to each other.
like Singapore, the Middle East, Nigeria,
Nine cooperation documents and a joint Meetings and talks with the President, Europe.
statement were signed between Iran and holding a joint meeting of high-level “We’ve seen a massive jump in the fuel
Turkmenistan in the presence of the delegations of the two countries and price hike because of the Russian invasion
presidents of the two neighbours. signing several documents of cooperation of Ukraine,” Mileham said. “That’s the first
According to President.ir, a memorandum and memoranda will be among Serdar issue. The second is that the South African
of understanding on trade-economic, Berdymukhamedov’s plans in Tehran today. economy and the rand-dollar exchange rate is
scientific-technical-cultural cooperation This is Berdymukhamedov’s first visit to also unfavorable. And that’s something that is
between Golestan Province, northern Iran, Tehran since assuming the presidency of directly attributable to government.
and Balkan Province of Turkmenistan was Turkmenistan. “Government has failed to run our
signed on Wednesday. SHANA economy efficiently.”
A Memorandum of Understanding on Mileham added: “We’ve seen an average of
trade-economic, scientific-technical-cultural our 1.5-percent growth per annum and as a
cooperation between Khorasan Razavi REFINING result. We’re obviously an underperforming
Province and Merv Province of Turkmenistan, economy. And that’s reflected in the rand/
a Memorandum of Understanding between SA can’t refine Russian dollar exchange rate.”
the Islamic Republic of Iran Broadcasting and The South African government did not
the State Committee of Radio and Television crude: opposition comment on Mantashe’s statement. The
of Turkmenistan, a scientific, cultural, artistic minister of international relations and
and educational exchange program between Three times this year, South Africa has cooperation, Naledi Pando, has repeatedly
the Government of the Islamic Republic abstained from voting on United Nations said South Africa is not indifferent to what
of Iran the Government of Turkmenistan, resolutions condemning Russia’s invasion of is going on in Ukraine but thinks that as a
a Memorandum of Understanding on the Ukraine. matter of urgency, there must be a cessation
establishment of a joint investment working Now, South Africa’s energy minister, of hostilities and that dialogue and diplomacy
group, a comprehensive memorandum Gwede Mantashe, has called for the country to must be employed.
of understanding on the development of purchase Russian crude oil, an act that would Foreign policy analyst Sanusha Naidu
transport and transit cooperation, and be a flagrant disregard of the sanctions against of the Institute for Global Dialogue said
a memorandum of understanding on Vladimir Putin’s government put in place by she doesn’t know what the solution to the
environmental protection were signed by the the US, UK and EU. high fuel price is, but the South African
relevant ministers, governors and officials of Opposition Democratic Alliance lawmaker government should be doing more to avoid an
the two countries. Kevin Mileham said Mantashe’s call is economic crisis.
Seyed Ebrahim Raisi officially ridiculous. “The fact of the matter is that South
welcomed the President of the Republic of “Frankly, Mr. Mantashe’s comments and Africa has not done what it should’ve done
Turkmenistan, Serdar Berdymukhamedov, calls for South Africa to buy oil from Russia at a structural level in terms of improving
this morning (Wednesday, June 15) at the are misguided,” Mileham said. “South Africa’s refining capacity, improving our own kind of
Saadabad Historical and Cultural Complex. refining capacity is at an all-time low at the capabilities, etc. - We just haven’t woken up

Week 24 16•June•2022 www. NEWSBASE .com P15