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| Syria-Lebanon-Iran |
| China to double Iranian investment |
| 2014-11-17 |
| China is set to double its investment in Iranian infrastructure projects, Iran's Mehr news agency reports. China has raised its quota for Iranian projects to $52bn from $25bn the report said, quoting Iran's deputy minister for energy, Esmail Mahsouli. Water, electricity, oil and gas projects will all benefit from the extra financing, Mr Mahsouli said. Iran has turned to China, Russia and Turkey for financing as Europe and the US have strict sanctions on the nation. The US has an almost total economic embargo on Iran, while the European Union tightened up its sanctions in 2012, particularly targeting the energy and banking industries. The US, the EU and other nations suspect Iran of developing atomic weapons and have imposed sanctions over that threat. The US says it will unblock $2.8bn in frozen Iranian funds, in return for Iran continuing to convert its stocks of 20%-enriched uranium into fuel. |
| Posted by:Steve White |
| #4 IMO Artic read, CHINA WANTS SHIA IRAN HELP AGZ XINJIANG + CENTASIA MILITANTS. As per #1, to be sure All POLITICS = DIPLOMACY, LIKE WAR + CONPIRACY, IS A "COALITION". |
| Posted by: JosephMendiola 2014-11-17 22:14 |
| #3 Pappy: I suspect all three (Russia, China, and Obama Admin.) are doing so at least in part to hurt the US. |
| Posted by: Thing From Snowy Mountain 2014-11-17 17:22 |
| #2 I see everybody: Russia, USA, and now China; are courting Iran. However, unlike the other two, the current US administration isn't doing it for economic reasons. |
| Posted by: Pappy 2014-11-17 16:36 |
| #1 I see everybody: Russia, USA, and now China; are courting Iran. |
| Posted by: g(r)omgoru 2014-11-17 02:43 |