Is Rouhani's Iran Tilting East? « LobeLog.com - 0 views
www.lobelog.com/is-rouhanis-iran-tilting-east
war & peace Iran Russia China U.S.-foreign-policy sanctions Iranian-nukes-myth
![](/images/link.gif)
-
Two simultaneous pieces of economic news in Iran inform us of a trend in the Rouhani administration’s foreign policy. Firstly, Iranian and Russian press reported last week that Tehran and Moscow signed a trade agreement amounting to 70 billion euros on Sept. 9. Alexander Novak, Russia’s energy minister, and Bijan Namdar Zanganeh, Iran’s oil minister, signed on behalf of Russia and Iran respectively. The details of the agreement have not been revealed but Russia may also invest in Iranian oil, according to Ali Majedi, Iran’s deputy oil minister for international affairs. If implemented as planned, the reported agreement could strike a blow to the American sanctions regime on Iran. On the same day, Ishaq Jahangiri, President Hassan Rouhani’s first deputy, told reporters that during the upcoming third presidential meeting between Iran and China on the sidelines of the Shanghai Summit, “we will secure billions of dollars from China for private sector projects which top the agenda.” Against the $18 billion that China owes Iran for its imported oil, China will reportedly finance these Iranian projects for up to 2 or 3 times that amount. According to Asadollah Asgaroladi, the chairman of the Iran-China Joint Chamber of Commerce, most of the projects will be industrial or oil-related.
-
With close ties to the centrist, business-friendly cleric, former President Hashemi Rafsanjani, Rouhani was voted into office with the underlying hope that he would pursue good relations with the West. Rouhani’s nomination of Javad Zarif as his top diplomat strengthened this notion. During his career, Zarif, under the presidencies of Hashemi Rafsanjani, Mohammad Khatami, and even Mahmoud Ahmadinejad relentlessly strived to make peace between Iran and the West, especially with the United States. Yet while Iran continues to negotiate for a final deal over its nuclear program, one of the main points of contention in US-Iran relations, Rouhani’s Iran appears to be looking eastward.