According to China foreign ministry, Iranian President Hassan Rouhani will be coming to a regional summit for talks about the possibility of saving of Iran’s nuclear deal. The move has been made after the President of the United States, Donald Trump, decided to pull out America from the agreement.
This will be a working visit for President Rouhani as he will go to the summit of the Shanghai Cooperation Organisation which is China and Russia-led political, economic and security Euroasian organisation. Regional meeting will be held in Qingdao, China located in northern part of the country. While we did not get the exact date of the visit, we know that the event has been scheduled for the second weekend of June.
At this moment, Tehran is only an observer member, but they already sought to become a permanent member of the Shanghai Cooperation Organisation. With the sanctions imposed by West lifted it was reported that Iran could become a member of the bloc. Currently, this organisation consists of China, Russia, India, Pakistan and four Central Asia ex-Soviet republics.
Before the nuclear deal was signed, Tehran was racing to finish their nuclear weapons program and to develop nuclear missiles. With the agreement that has been signed in 2015, Iran stopped the uranium enrichment process but also sent out its stockpiles to Russia. As a result, sanctions set by West were removed, and the Middle East country could return to trading and exports of oil.
While the deal that was signed didn’t completely stop Iran from using uranium, this was a good move for the entire world as it did stop them from developing a nuclear bomb. One of the problems with the agreement is that it prevents Tehran in creating atom bomb until 2025 after which they can continue the development. Of course, the terms could be renegotiated after that date, so the termination of the deal is considered to be a mistake by many.
With America out of the deal, we could see a lot of activity from European countries that will try to help Iran economically and thus persuade them to respect the terms. Since China is one of the signatories, it is considered that they will also work to ensure Tehran’s loyalty.
Source: cnbc.com
