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The Meaning Of The Iran-China Deal - Printable Version

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The Meaning Of The Iran-China Deal - pug-thug - 09-10-2019 12:07 PM

In return, China will invest some US$80bn over the next five years to upgrade Iran’s energy production facilities and infrastructure (and possibly much more over the following 20 years). And to safeguard its investments, Beijing will deploy “up to 5,000 Chinese security personnel on the ground in Iran,” as well as protecting shipments of Iranian oil from the Persian Gulf to China.

The benefits of such a deal to Tehran are manifold. It gets much-needed inward investment. It secures a market for its oil and gas. It breaks its dependence on the US dollar. It gets a deterrent against possible US or Israeli military strikes against its energy industry. And it reduces its economic dependence on powers that would otherwise insist it curtail its nuclear program. In short, it gets to thumb its nose at the West, and at Washington in particular.

https://www.zerohedge.com/news/2019-09-09/meaning-iran-china-deal


RE: The Meaning Of The Iran-China Deal - pug-thug - 09-10-2019 12:07 PM

A lot of this trade war shit is prob related to preventing China from cozying up to Iran.

Just like I said ages ago.

If China eases up from being friendly to Iran, then the TRADE shit goes away.

Me right again.


RE: The Meaning Of The Iran-China Deal - pilgrim - 09-11-2019 06:11 PM

(09-10-2019 12:07 PM)pug-thug Wrote:  A lot of this trade war shit is prob related to preventing China from cozying up to Iran.

Just like I said ages ago.

If China eases up from being friendly to Iran, then the TRADE shit goes away.

Me right again.

You made up a false narrative just for a reason to pat yourself on the back?

now you want others to pat you on the back? Smile

[Image: Lemur-requires-scratch-his-back.gif]