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U.S. Pressures China and Iran, They Move Closer to Their Own Deal
By Tom O'Connor On 3/26/21 at 5:30 PM EDT
The United States is using economic, political and military pressure in an attempt to force China and Iran toward different policy paths. But the two nations are on the verge of signing a deal that would unite their interests in all three fields for at least the next quarter of a century.
China's top diplomat, Foreign Minister Wang Yi, arrived in Tehran on Friday for the third stop on an expansive Middle East tour that so far has included Saudi Arabia and Turkey. He was also set to visit the United Arab Emirates, Bahrain and Oman.
Wang's stay in Iran has garnered special attention, as the country's state-run and semi-official media outlets have raised speculation that he would sign a 25-year strategic cooperation agreement estimated to be worth some $500 billion. The initiative was approved by Iran's parliament last summer, and Wang's visit signals the most likely opportunity yet for Beijing and Tehran to finalize and sign the pact.
The encounter, which constitutes the highest-level Chinese visit to Tehran since Chinese President Xi Jinping's 2016 trip, comes as both governments are experiencing major tensions with Washington.
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Last week's U.S.-China talks, the first since President Joe Biden took office, indicated a tough road ahead for the two top nations as they grapple over geopolitics. The new U.S. leadership has so far continued the intensive unilateral sanctions on Iran put in place during the previous administration.
The Biden administration has taken the position that the Islamic Republic must first reinstate caps on nuclear enrichment before the White House would reenter the 2015 nuclear agreement, officially known as the Joint Comprehensive Plan of Action (JCPOA), which was abandoned by former President Donald Trump in 2018.
source newsweek
U.S. Pressures China and Iran, They Move Closer to Their Own Deal
By Tom O'Connor On 3/26/21 at 5:30 PM EDT
The United States is using economic, political and military pressure in an attempt to force China and Iran toward different policy paths. But the two nations are on the verge of signing a deal that would unite their interests in all three fields for at least the next quarter of a century.
China's top diplomat, Foreign Minister Wang Yi, arrived in Tehran on Friday for the third stop on an expansive Middle East tour that so far has included Saudi Arabia and Turkey. He was also set to visit the United Arab Emirates, Bahrain and Oman.
Wang's stay in Iran has garnered special attention, as the country's state-run and semi-official media outlets have raised speculation that he would sign a 25-year strategic cooperation agreement estimated to be worth some $500 billion. The initiative was approved by Iran's parliament last summer, and Wang's visit signals the most likely opportunity yet for Beijing and Tehran to finalize and sign the pact.
The encounter, which constitutes the highest-level Chinese visit to Tehran since Chinese President Xi Jinping's 2016 trip, comes as both governments are experiencing major tensions with Washington.
Newsweek subscription offers >
Last week's U.S.-China talks, the first since President Joe Biden took office, indicated a tough road ahead for the two top nations as they grapple over geopolitics. The new U.S. leadership has so far continued the intensive unilateral sanctions on Iran put in place during the previous administration.
The Biden administration has taken the position that the Islamic Republic must first reinstate caps on nuclear enrichment before the White House would reenter the 2015 nuclear agreement, officially known as the Joint Comprehensive Plan of Action (JCPOA), which was abandoned by former President Donald Trump in 2018.
source newsweek
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