Wednesday, August 5th | 12 pm EDT
The Iranian-Chinese Pact
Earlier this summer, Iran and China signed a joint economic and military pact, clearing the way for billions of dollars to enter the Iranian economy, which has, up until now been badly suffering, due, to a large extent, to the Trump administration’s efforts to isolate the Islamic Republic.
Iran is desperate for both currency, and for a trading partner for its vast supply of oil, which has remained in surplus due to American sanctions, alternative energy supplies, and the covid-19 crisis which has impacted travel, worldwide; and the People Republic of China is anxious to expand its presence throughout the globe. The agreement also calls for joint military cooperation between both countries, including intelligence sharing, joint research and weapons’ development, joint training and exercises.
Here to shed sunlight on this pact between two of America’s greatest foes, and what it bodes for both the United States and Israel is David Goldman.
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