Is Tehran-Beijing partnership a game changer for Mideast?

Posted By : Rina Latuperissa
8 Min Read

[ad_1]

Late last month, the strategic partnership between Iran and China moved to a new phase, after it was first launched in 2016 during Chinese President Xi Jinping’s visit to Iran.

On March 27, Chinese Foreign Minister Wang Yi signed an expanded version of the 2016 statement in Tehran, pledging bilateral cooperation on political, cultural, security and defense issues, as well as major energy and infrastructure investments estimated at a value of US$400 billion over 25 years.

This could be a significant development for the Middle East, challenging assumptions about China’s ambitions in the region, Iran’s ability to pursue its economic interests despite US sanctions and, more broadly, the regional balance of power.

Also read: China playing the long game in the Middle East

But it’s important to weigh carefully, even before more details become available, what it is and what it isn’t. Let’s consider, first, how it could, indeed, be a pivot point for the geopolitics of the region.

[ad_2]

Source link

Share This Article
Leave a comment