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Post US’s economic downturn and global isolation triggered by the Coronavirus, Beijing sensed American vulnerability and initiated the Sino-Iranian deal.
Finding the perfect moment to forge a strategic agreement with Iran
The Comprehensive Strategic Partnership between the Islamic Republic of Iran and the People’s Republic of China, consisting of 20 articles and Chinese investment in Iran of $400 billion over 25 years, with $280 billion for the development of Iran’s petrochemical sectors and another $120 billion for the country’s transportation and manufacturing infrastructure, covers banking, commerce and services, transportation and railway, ports, energy, industry, and dozens of other projects.
To benefit from Chinese investment and infrastructure projects and confront U.S. domination in the world, Iran has rightly capitalized on China’s growing influence across South East Asia, Central Asia, the Middle East and Gulf Cooperation Council countries. A long term Chinese commitment i.e., the Sino-Iranian deal, would help Tehran demand greater economic cooperation with Beijing.
Iran, which has a vision of non-alignment with the slogan of neither East nor West since the 1979 revolution toppling its pro-American monarch, is steadily turning towards Asia as part of its Look-East strategy. As in 2019, Iran, China, and Russia conducted a joint military exercise in the Gulf of Oman. Moreover, Iran requires both China and Russia, with veto power in UN Security Council, to neutralize U.S. hegemony, and to prevent any kind of sanctions by the United Nations-backed by the U.S.Furthermore, insatiable oil demand and military and civilian technology pushes Iran toward an alliance with the rising superpower.
An end to Iran’s non-alignment strategy
The Sino-Iranian deal, if enforced as planned, would more effectively end Iran’s non-alignment and incorporate Iran into the framework of Eurasia. This strategic shift and incorporation into the area of Eurasia region indicate Iran has the capacity to find economic partners and energy consumers among major economies of the continent to quench its economic progress thirst.
The failure of Iran’s repeated attempts to improve economic links with the West as a prelude to improved political ties has been a major reason for Iran’s move towards China and other Asian countries, regarded locally as the “pivot to the east”.
Read full article...
New Axis of Power: Sino-Iranian deal and its Implications
Post US’s economic downturn and global isolation triggered by the Coronavirus, Beijing sensed American vulnerability and initiated the Sino-Iranian deal.
Finding the perfect moment to forge a strategic agreement with Iran
The Comprehensive Strategic Partnership between the Islamic Republic of Iran and the People’s Republic of China, consisting of 20 articles and Chinese investment in Iran of $400 billion over 25 years, with $280 billion for the development of Iran’s petrochemical sectors and another $120 billion for the country’s transportation and manufacturing infrastructure, covers banking, commerce and services, transportation and railway, ports, energy, industry, and dozens of other projects.
To benefit from Chinese investment and infrastructure projects and confront U.S. domination in the world, Iran has rightly capitalized on China’s growing influence across South East Asia, Central Asia, the Middle East and Gulf Cooperation Council countries. A long term Chinese commitment i.e., the Sino-Iranian deal, would help Tehran demand greater economic cooperation with Beijing.
Iran, which has a vision of non-alignment with the slogan of neither East nor West since the 1979 revolution toppling its pro-American monarch, is steadily turning towards Asia as part of its Look-East strategy. As in 2019, Iran, China, and Russia conducted a joint military exercise in the Gulf of Oman. Moreover, Iran requires both China and Russia, with veto power in UN Security Council, to neutralize U.S. hegemony, and to prevent any kind of sanctions by the United Nations-backed by the U.S.Furthermore, insatiable oil demand and military and civilian technology pushes Iran toward an alliance with the rising superpower.
An end to Iran’s non-alignment strategy
The Sino-Iranian deal, if enforced as planned, would more effectively end Iran’s non-alignment and incorporate Iran into the framework of Eurasia. This strategic shift and incorporation into the area of Eurasia region indicate Iran has the capacity to find economic partners and energy consumers among major economies of the continent to quench its economic progress thirst.
The failure of Iran’s repeated attempts to improve economic links with the West as a prelude to improved political ties has been a major reason for Iran’s move towards China and other Asian countries, regarded locally as the “pivot to the east”.
Read full article...
New Axis of Power: Sino-Iranian deal and its Implications
