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March 22, 2019
Russia,
China Primary Impediments to Iran's Isolation
New UANI Report Highlights Continuing Economic Ties
(New York, N.Y.) - UANI's new report, The
Russia-China-Iran Axis, analyzes the role played
by Russia and China in preventing the complete economic isolation of
the Islamic Republic.
The EU has
created a Special Purpose Vehicle (SPV), known as INSTEX
(Instrument in Support of Trade Exchanges), to establish a U.S.
sanctions-workaround. However, this will in all likelihood be
ineffective. With INSTEX floundering, China and Russia will look to
fill the vacuum created by Europe's retreat from Iran.
"Russia
and China have been historic enablers of Iran's malign behavior and
appear eager to continue this disturbing pattern," said UANI CEO
Ambassador Mark D. Wallace. "As UANI has repeatedly
demonstrated, doing business with the regime in Tehran funds terrorism
and puts lives at risk across the globe. By increasing their ties to
Iran, both Russia and China are revealing the shallowness of their
past commitments to fighting terrorism and controlling the spread of
nuclear weapons."
China provided a vital lifeline for Iran's energy sector
at the height of the international sanctions regime under the Bush
and Obama administrations. China also sells Iran ballistic missile
components and conventional missiles, and plays a role in providing
Iran sanctioned goods and services.
Russia
appears even less concerned than China over exposure to U.S.
sanctions in its dealings with Iran. In July of 2018, Iranian
official Ali Akbar Velayati, a key advisor to Supreme Leader Ali
Khamenei, boasted that Russia stands "ready to invest $50bn in Iran's oil and gas
sectors." Russia is also exploring ways to assist
Iran in the civil aviation sector, after Boeing and Airbus scrapped
plans to provide Iran with aircraft. Russia has also invested in
Iran's missile defense systems, providing SA-20c Surface-to-Air
Missiles to Iran in 2016.
The UANI report concludes with recommendations for
cutting off Iran's Chinese and Russian lifelines and reducing Iranian
oil exports to zero.
To explore the report, The Russia-China-Iran Axis,
please click here.
To read UANI
Advisor Sir Graeme Lamb's op-ed, Dark
money flows between Russia and Iran show how vital EU sanctions are
against both, please click here.
Recently, the
Russian government directly attacked UANI and its CEO, Ambassador
Mark D. Wallace, for efforts to dissuade Russian businesses from
investing in Iran. To read UANI's response, please click here.
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