A draft of an economic and security deal between the People’s Republic of China and the Islamic Republic of Iran previously leaked by The New York Times is continuing to reverberate in the international media. Iranian political analyst Mahan Abedin has explained the fuss over the accords and shed light on Iran’s strategic shift towards the East.
The 18-page Persian-language document envisages multi-billion-dollar Chinese investments in the Iranian economy as well as considerable oil discounts for the People’s Republic. The agreement also includes security cooperation, intelligence sharing, and joint military drills. Commenting on the leak, Iran’s Foreign Minister Mohammad Javad Zarif admitted that his country had indeed been negotiating a 25-year strategic partnership with China, adding, however, that the accords have yet to be passed by the Iranian parliament. The authenticity of the document in question has not been confirmed by Tehran so far.
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