China and Iran, Trump’s two main foreign foes, plan a major pact

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“Last week, Iranian Foreign Minister Mohammad Javad Zarif acknowledged in a parliamentary session that his government is, “with confidence and conviction,” in negotiations with China over a 25-year strategic partnership that could involve about $ 400 billion in Chinese investment through various sectors of the Iranian economy. An outline of the accord’s details surfaced in an 18-page leaked document online, whose provenance is unclear though it roughly aligns with mooted plans previously announced by the Iranian government. According to the New York Times, a version of the document dated in June that its reporters obtained is a draft of a pending agreement with China.”

“The pact between the two countries would be far-reaching: It would increase intelligence sharing and security cooperation, including in possible missions in Syria and Iraq. It would also see Chinese companies expand their footprints in Iranian railroads, ports, and telecommunications, while securing for Beijing a steady and discounted Iranian oil supply for the next quarter-century. China would develop free-trade zones in strategic locations in Iran, further binding the country into Beijing’s sprawling Belt and Road global trade and development initiative.” –Washington Post

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