Updated in: 28 February 2024 - 12:38

Expert: China, Russia to Earn Much from Tehran's Win against US Hostile Foreign Policy

Senior political analyst Seyed Mostafa Khoshcheshm says China and Russia would earn much from Iran's successful confrontation against the US sanctions as they are also under threat by similar hostile measures and Washington's win in the war against Tehran could give the Trump White House the needed impetus to try the same option against them.
News ID: 71290
Publish Date: 20July 2018 - 11:29

Expert: China, Russia to Earn Much from Tehran's Win against US Hostile Foreign PolicyTEHRAN (Defapress)- President Trump announced on May 8, 2018, that the United States has withdrawn from the Iran Nuclear Deal, and said that his country will resume all the sanctions which were suspended within the framework of the deal against Iran. This move has been opposed by many countries.

“The US hawkish policy to Iran will be rendered as ineffective”, Seyed Mostafa Khoshcheshm, an Iranian senior political analyst, told CGTN. He maintains that Tehran is not afraid of American sanctions, which include a ban on Iran's acquisition of dollar notes and their trade in gold and other precious metals.

Khoshcheshm says that, for the Iranian government, the scenario is not completely new. He points out that Iran gathered experience under the former administration, and that its government has also drafted numerous comprehensive plans, and packages to prepare for the threat.

Washington is also pressuring other countries to stop buying crude oil from Iran from this November onward. According to Khoshcheshm, other countries are standing tough against that call.

“The United States is not as powerful as it was before in rallying international support,” Khoshcheshm claims, believing other countries are not willing to pay the price for Trump’s hawkish policy.

Khoshcheshm states Iran’s major trade partners, including its energy importers like China and Japan, understand that it will be costly to import oil from elsewhere. At the same time, he says Saudi Arabia does not have the capacity to replace Iranian crude oil.

Khoshcheshm believes many crude oil buyers are standing up to the US, as American sanctions will trigger sky-rocketing oil prices that will damage the economy and growth rate of other economies such as China, Japan, and S. Korea.

As Washington is threatening banks and businesses in other countries that continue to do business with Iran, Khoshcheshm says since the European countries have already stated that they will not have their major enterprises and firms operating and investing in Iran, Tehran needs to look to the East and expand its cooperation with countries like China.

"China, Russia and a host of other countries that are now the target of the United States hostile economic measures that include sanctions or wars of tarrifs, know pretty well that if the Trump White House earns its desired results through its sanctions policy against Iran, then they could well be the next target of similar hostile measures as it would give Washington the needed incentive to continue using the same weapon against others; hence, a win by Iran in this confrontation would be a win for such countries as well," he stressed during the interview with the Chinese media outlet.

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