?> The Pitfalls Of The China-Iran Agreement - C3 LAS VEGAS

The Pitfalls Of The China-Iran Agreement

The news of the pact first appeared immediately after the Chinese president`s visit to Tehran, where Xi Jinping met with Iran`s Supreme Leader Ali Khamenei, who reportedly approved the deal. Under the comprehensive strategic partnership between I.R. Iran and P.R. China deal, China is expected to benefit from preferential access to various sectors of the Iranian economy. However, according to the recently leaked documents, once implemented, the pact will go beyond economic cooperation and instead include unprecedented cooperation in the field of transport and logistics in Iran`s southern ports and islands, as well as in the country`s defense and security sector. What will be the relations between China and Iran in the future? A recent draft partnership agreement between Beijing and Tehran could give some insights. The document outlines a framework for increasing Chinese investment in Iran, strategic cooperation and Integrating Iran into China`s Belt and Road Initiative. The possible deal has shaken some in Washington and fueled fears that America`s foreign policy has consolidated a dangerous alliance between major anti-American powers in East Asia and the Middle East. In May 2018, after the U.S. withdrew from the nuclear deal, China declared its opposition to U.S.

sanctions from day one. It considered these sanctions to be unilateral and did not recognize them. China was the first target of Iranian Foreign Minister Javad Zarif. Based on this clear position, trade and oil relations between the two countries continued, but focused more on GOC-related companies than on the Chinese private sector. When major European companies left Iran after the US withdrawal from the nuclear deal, large Chinese companies like the Chinese National Oil Company CNPC bought the share of outgoing European companies like the French company Total. He withdrew from the contract to operate Iran`s South Pars gas field worth $5 billion in 2017. CNPC therefore acquired 80% of this contract. [16]* On June 1, 1920, a friendship agreement was signed between the Beiyang government and Qajar Persia. Ratifications were exchanged on 6 February 1922 with effect from the same date. [51] Official diplomatic relations were established in 1937, with Li Tieh-tseng serving as ambassador of the Republic of China. . .

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