May 26, 2024

Paull Ank Ford

Business Think different

Iran and China Angle for Broad Partnership to Offset U.S. Pressure

Iran and China are trying to find to cement a broad-ranging partnership that would deflect U.S. economic tension and relieve Tehran’s world-wide isolation.

An preliminary draft of the Iran-China offer, which nonetheless demands Iranian parliamentary acceptance, would pave the way for Chinese investments in Iranian totally free-trade zones and for joint projects in other nations, these as Syria and Iraq. It would extend cooperation between the two nations in protection and counter terrorism. And it says that less than a 25-yr partnership, China would import “sustainable”…