Monday, April 21, 2025 - Iran’s Foreign Minister Abbas Araqchi will visit China on Tuesday ahead of a third round of nuclear talks between Tehran and Washington due on Saturday in Oman.
The spokesperson of the ministry, Esmaeil Baghaei, revealed
this on Monday.
Recall that Araqchi, in a trip to Moscow last week, said
that Tehran always closely consults with its friends, Russia and China, over
the nuclear issue.
According to Baghaei, Beijing can play a constructive role
in the process.
“It is natural that we will consult and brief China over the
latest developments in Iran-U.S. indirect talks,” he said.
Iran and the US started negotiations earlier this month with
the aim of placing limits on Tehran’s nuclear programme, which Western powers
said is geared toward developing nuclear weapons.
However, Tehran has long denied such accusations and sought
in exchange the lifting of US sanctions that were re-imposed by President
Donald Trump during his first term in office (2017-2021), when he withdrew from
a 2015 nuclear pact between Iran and world powers, including China and Russia.
Trump, since taking office on January 20, has ratcheted
pressure on Iran and has for the first time sanctioned Chinese “teapot”
refineries – small, independent plants – that process Iranian crude oil and
have provided an economic lifeline to Tehran’s squeezed economy.
“The policy of maximum pressure is not just against Iran but
also other countries and goes against freedom of trade. In the case of China,
sanctions also seek to disrupt south-south cooperation,” Baghaei said.
Beijing is said to have accounted for at least 77% of Iran’s
roughly 1.6 million bpd of exported crude in 2024.
The value of Iran’s crude sales to China is not officially
disclosed, but a calculation puts the trade at nearly $29 billion last year,
assuming a 20% discount to Brent crude prices to include the cost of logistics.
“China and Iran have maintained exchanges and contacts at
all levels and in various fields. With regard to the specific visit mentioned,
I have no information to offer at the moment,” Chinese Foreign Ministry
spokesperson Guo Jiakun said.
0 Comments