Tuesday, July 13, 2021

China's Announcement That It Will Invest 400 bn Dollars In Iran Over A Period Of 25 Years In Exchange For A Great Deal On Iran’s Oil Undermines The Biden Administration's Efforts For An Iran Deal

Iranian President Hassan Rouhani meets with Chinese Foreign Minister Wang Yi, in Tehran, Iran, March 27, 2021. © REUTERS 

Strategic Culture: China Mega Investment Deal With Iran Blows U.S. Out of the Picture 

A new world in the East is amalgamating as a direct result of American’s delusional views about where it thinks it is in the world, Martin Jay writes. 

China has just announced that it will invest 400 bn dollars in Iran over a period of 25 years in exchange for a great deal on Iran’s oil – in the latest move of absolute defiance against the U.S. and its secondary sanctions. 

Where’s this all heading? 400 bn dollars is a considerable amount of money to invest in Iran, which, since Donald Trump pulled the U.S. out of the JCPOA (otherwise called the ‘Iran Deal’) we can certainly say is a poor country. 

In exchange, China gets rock bottom prices on oil, while both sides enjoy the double-whammy of sending a vociferous message to Washington: your days are up as a super power who can bully countries with sanctions. 

The deal was really the last thing that Joe Biden needed in barely his six month in office, where he has been weak on Russia and China and arguably pathetic in the Middle East when it comes to delivering on the ‘America is back’ rhetoric. 

‘America is back’ to what, we might all wonder, given that Iran is commissioning drone strikes against U.S. forces, Afghanistan is rapidly heading towards a Taliban takeover and the Iran talks in Vienna have more or less ended with a draft of what the Guardian euphemistically calls a ‘roadmap’.  

Read more ....  

WNU Editor: The U.S. and the EU cannot come even close to what China is offering. But there are problems with this China - Iran deal. For one, no one knows what is in it .... What Are the Details In The Iran - China 25 Year Strategic Partnership Agreement? No One Knows (March 31, 2021).

10 comments:

RussInSoCal said...

$400 billion? Over 25 years? Obama had them beat by a lump sum of $150B. And that's not including the $1.7B in cash he dropped on the Iran tarmac. In return for absolutely nothing.

I think this is about China sticking its sucking mouthparts into Iran's oil production and that's about it. It's doubtful that the Chinese would transfer any high-tech to whom they consider filthy, stinking barbarians.

China - with this folly - actually saved the US from Biden doing another idiotic, losing deal with the Iranians.

/I'm sure the Chins and the Iranians will get along just great.

Anonymous said...

First the Democrats throw money at Iran then the CCP

First the CCP calls us all racist for calling the Wuhan virus by that name, then the Democrats call us racist too

They seem to mirror each other a lot lately

Anonymous said...

Still believe they are a military alliance and covid19 was Chinas wmd

Anonymous said...

truth revealed August 15th

Unknown said...

Iran will fall soon u fools

Unknown said...

Out of Afghanistan in 2 Iran u fools

Unknown said...

War big war

Unknown said...

All at the same time u got 66 day's left

Anonymous said...

Everyone knows who you are.

Anonymous said...


Russ, in obamma's mind he got something and that's all that counts.
If the rest of the universe disagreed with his stunt...well, the universe needs to get on board.