US-Backed Coup Gov’t in Bolivia Suspends Elections for Third Time
By Alan Macleod | MintPress News | July 24, 2020
Amid a rapidly worsening COVID-19 pandemic, Bolivia’s coup government has once again suspended much-anticipated elections that were due to be held on September 6. This is the third time the administration of Jeanine Añez has postponed them because of the virus, setting a new date for October 18.
The move has drawn condemnation from both left and right, but for different reasons. MintPress’ Ollie Vargas, who covered events from inside the country since last year’s November 10 coup, was dismayed, announcing:
Bolivia’s unelected coup regime has extended it’s illegitimate power by canceling elections once again. When we get to October they’ll invent another reason to postpone, then another, till they’ve found a buyer for the lithium & other natural resources. This is a dictatorship.
Former President Evo Morales of the Movement to Socialism (MAS) party agreed, stating that “The de facto government wants to gain more time to continue the persecution of social leaders and against MAS candidates. It’s yet another form of persecution. That’s why they don’t want elections on September 6.” Meanwhile, coup leader Fernando Camacho rejected the new date, demanding elections be scrapped altogether, a position shared by the far-right Santa Cruz “Civic Committee.”
Morales was reelected in October for another five year term. A popular president, he reduced poverty by half and extreme poverty by three quarters, while increasing the (inflation-adjusted) per capita GDP by 50 percent in his 13 years in office. He managed this primarily through a series of nationalizations of the country’s key industries and by expelling the predatory International Monetary Fund (IMF) from Bolivia. But in November, the military and police intervened, demanding he resign. Today he lives in exile in Argentina. Nevertheless, the latest polls show that the MAS candidate Luis Arce, who served as Morales’ finance minister, would win the election outright on the first ballot if it were held today. Arce accused Añez of using the pandemic as a pretext to extend her rule.
From popular mandate to elitist candidate
A little-known senator from a party that received only just four percent of the vote in October, Añez was handpicked by the military to become the new president. A strongly Christian conservative who described the country’s indigenous majority as “satanic,” she arrived to take her new place in government clutching an oversized bible. She enjoyed the support of the country’s elite, the U.S. government, and the entire spectrum of corporate media, who cheered the events as they happened. The new administration immediately began to suppress and criminalize dissent, including massacring protesters who objected to the takeover. Despite leading in the polls, the MAS have been suppressed, with many of their leaders jailed or facing dubious charges. Morales himself faces life in prison for “terrorism” if he sets foot in his country again.
Añez has also overseen the selling off of the country’s national resources, including in the hydrocarbon industry, and has completely reoriented its foreign policy to align with the United States. She has also begun working with the IMF, taking out a $327 million loan in April. The U.S. government strongly backed Añez from the beginning; three days after the coup the State Department released an official communiqué “applauding” her for “leading her nation” through a “democratic transition.”
The stated reason for the postponement of the elections is the country’s continued inability to deal with the coronavirus pandemic. Supreme Electoral Tribunal President Salvador Romero said the move was necessary to keep Bolivia’s hospitals and cemeteries from collapsing under the strain of the increased deaths. “This election requires the highest possible health security measures to protect the health of Bolivians,” he said. One reason why the country’s medical system is under such pressure is that Añez expelled hundreds of Cuban doctors working primarily with the country’s poorest people, leading to closures of hospitals and health clinics. While Bolivia has officially reported 65,000 cases and 2,407 deaths, some believe those figures could be an underestimate. This week, police said they recovered 420 dead bodies from streets, vehicles and homes in La Paz and Santa Cruz. In June, Añez herself tested positive for COVID-19.
In response to the delayed elections, Bolivian trade unions have given the government 72 hours to reverse the decision, threatening “indefinite mobilizations” to restore democracy. Thus, it appears that even after eight months of constant political struggle, tensions could be about to be increased once again.
Alan MacLeod is a Staff Writer for MintPress News. After completing his PhD in 2017 he published two books: Bad News From Venezuela: Twenty Years of Fake News and Misreporting and Propaganda in the Information Age: Still Manufacturing Consent.
‘Very serious threats’: US reportedly ramps up pressure on Nord Stream 2 contractors
RT | July 26, 2020
The US government has made further attempts to force European firms to ditch the Russian-led Nord Stream 2 gas pipeline project, Welt am Sonntag reported, citing people familiar with talks on the issue.
According to the newspaper, officials from US Department of State, the Treasury Department, as well as the Department of Energy approached European contractors to make sure they fully understand the consequences of staying in the project. Up to a dozen officials reportedly held at least two online conferences with representatives of the firms in recent days.
Speaking in a “friendly” manner, the US side stressed that it wanted to prevent completion of Nord Stream 2, observers of the online talks said. “I believe the threat is very, very serious,” one of them revealed to the German outlet.
Those threats are consistent with comments by US Secretary of State Mike Pompeo last week, in which he warned that companies involved in the project had better “get out now” or risk facing penalties under Section 232 of the notorious Countering America’s Adversaries Through Sanctions Act (CAATSA).
Apart from Russia’s energy major Gazprom, which is developing the project, five European companies have joined. Those are France’s Engie, Austria’s OMV, the UK-Dutch company Royal Dutch Shell, as well as Wintershall and Germany’s Uniper.
Speaking to Welt am Sonntag, the latter called US attempts to undermine the “important infrastructure project” a clear intervention into European sovereignty.
Earlier this week, the US House of Representatives approved an amendment to the National Defense Authorization Act, meant to expand US sanctions on companies involved in installing Russia’s Nord Stream 2 gas pipeline. According to one of the sponsors of the bill, the measures can target companies facilitating or providing vessels, insurance, port facilities, or tethering services for those vessels, as well as to those providing certification for Nord Stream 2.
Both European businesses and government officials have repeatedly decried US attempts to meddle in European energy policy by sanctioning Nord Stream 2, with some even calling on Brussels to work on countermeasures.
Moscow has also lambasted Washington’s move, calling it unfair competition. Earlier this week, presidential spokesman Dmitry Peskov said that Russia will develop a new strategy for completion of the project if Washington proceeds with new punitive measures.
Fossil Fuel “Subsidies” In The UK
By Paul Homewood | Not A Lot Of People Know That | July 25, 2020
It has often been claimed that the UK is one of the leading subsidisers of fossil fuels in Europe. But I have always had great difficulty in getting hold of the actual numbers which form the basis of such claims.
Fortunately, Bruce Everett’s study, which I published earlier, includes a full spreadsheets of his workings, including detail of the OECD’s estimation of subsidies. Detail is here.
The following table summarises what the OECD call subsidies in the UK:
| OECD Fossil Fuel Subsidies 2015 | £m |
| Tied Oil Scheme | 1205 |
| Reduced Rate of VAT | 4249 |
| North Sea Tax Breaks | 137 |
| Exemption from CCL | 727 |
| Inherited Coal Liabilities | 232 |
| Total | 6550 |
- The tied oil scheme essentially applies to oils which are not to be used for fuel, for instance lubrication. This cannot be regarded as a subsidy for fossil fuel, as it merely applies the same tax treatment as alternative products, such as synthetic oils.
- Reduced rate of VAT mainly applies to the rate of 5% which is charged to domestic users of gas and power. Again, this is not a fossil fuel subsidy, or even taxation foregone, as it applies to all sources of power including renewables. There is no law or precedent that says energy should be taxed at the full rate of 20%, and many other goods are zero rated, as energy used to be.
- North Sea oil tax breaks are not subsidies either – they simply define what expenses are allowable and when they can be claimed against corporation tax. Such breaks are common across many industries, and even after allowing for them, overall corporation tax rates on oil and gas producers remains substantially higher than other businesses.
- Exemption from the Climate Change Levy – businesses pay the levy on purchases of electricity, gas and coal, but there are certain exemptions, such as use in CHPs, non fuel use and not used in the UK. Also intensive energy users can claim partial exemption if they sign Climate Change Agreements, committing them to reducing emissions of CO2. The bottom line, of course, is that the CCL is an extra tax on fossil fuel use, so any “exemption” cannot be regarded as a subsidy.
- Finally, inherited coal industry liabilities. When the coal industry was privatised in the 1990s, there were massive liabilities outstanding dating back decades, for instance for workers’ compensation claims and environmental clean ups. As part of the sale, the state retained responsibility for these liabilities. Once again, these are not “subsidies”, merely a cost associated with coal production many decades ago.
Bottom line is that there are no subsidies for fossil fuels in the UK.
Nord stream-2 Completion of Nord Stream 2 to Cut Europe Gas Prices by 25%, Consulting Company Says
Sputnik – 25.07.2020
European prices for natural gas would drop by about one quarter if the Nord Stream 2 pipeline connecting Russia to Germany were completed, the consulting firm Wood Mackenzie said in a report on Friday.
“If Nord Stream 2 remains unfinished, European benchmark TTF gas is expected to average about $4 per million British Thermal Units next year. But if the project can be completed as its backers hope early in 2021, then the average TTF price that year could drop to about $3, we estimate”, the report said.
TTF, or Title Transfer Facility, refers to a benchmark price for gas in Europe based on a virtual trading exchange in the Netherlands.
Lower prices would mean higher gas consumption in Europe, in part because of coal to gas switching for power generation. But some of the increase in imports from Russia would come at the expense of US liquefied natural gas exporters, the report said.
Russian gas exports to Europe are expected to be about 176 billion cubic meters next year, up from 168 billion cubic meters this year. With Nord Stream 2, Russia’s exports next year could be about 27 billion cubic meters higher at 203 billion cubic meters, the report added.
Russian natural gas has been crucial to powering the European economy in the decades since the collapse of the Soviet Union.
However, the United States is eager to promote exports of liquefied natural gas to compete with Russia, according to US and European officials.
Study Finds Fossil Fuels Aren’t Subsidized; They’re Overtaxed
Wind and solar power are held back by technology, not unfair competition
CO2 Coalition | July 23, 2020
Arlington, Va., July 23, 2020. The CO2 Coalition of 55 climate scientists and energy economists today released a detailed economic study of subsidies and taxes on fossil fuels in the United States, and internationally. Written by international energy expert and Coalition member Dr. Bruce Everett, a professor of international business for 17 years at the Fletcher School of Tufts University, the 26-page White Paper is titled Do Government Policies Favoring Fossil Fuels Hamper the Development of Wind and Solar Power?
While advocates of wind and solar power often claim that these sources of power are disadvantaged by billions, even trillions of dollars in fossil fuel subsidies, the Coalition White Paper finds that the net effect of government policies is to raise, rather than lower, the price of energy from fossil fuels.The study concludes that: “Although most countries do offer some subsidies to fossil fuels, the massive taxes imposed by most governments are generally far higher, resulting in a net increase in the price of fossil fuels. Taking into account all taxes and subsidies, fossil fuels in the United States are overtaxed $50 billion per year. The 28 other largest industrial democracies are overtaxed $363 billion, and the BRIC countries (Brazil, Russia, India, and China) are overtaxed $104 billion. The primary exceptions to this rule are found in oil-producing developing countries that offer their citizens heavily subsidized motor fuels but are not likely candidates for renewable energy.”
Dr. Caleb Stewart Rossiter, the CO2 Coalition’s executive director, said, “Wind and solar power, both in the United States and internationally, are heavily subsidized by mandates for utilities to purchase their costly electricity, as well as tax credits and public financing. It is renewables, not fossil fuels, that have the competitive advantage when it comes to government intervention in the energy markets. Despite this advantage, wind and solar remain in the single digits as a share of American and global energy consumption. As a previous CO2 Coalition White Paper, The Social Cost of Carbon and Carbon Taxes, showed, their true cost is four times that of fossil-fueled power. They are not ready for prime time yet, but that’s because of technological challenges, not wildly-exaggerated fossil fuel subsidies.”
This White Paper and its related excel calculations can be found here.
Bulgaria to complete TurkStream pipeline extension amid US threats to sanction Russian energy projects
RT | July 23, 2020
The Bulgarian section of the TurkStream natural gas pipeline from Russia, known as Balkan Stream, is set to be completed by the end of the year, according to the Russian Foreign Ministry.
The news that the construction of the gas pipeline is proceeding on schedule comes shortly after Washington updated the Countering America’s Adversaries Through Sanctions Act (CAATSA). The move paved the way to impose secondary sanctions on companies involved in Russian energy projects – Nord Stream 2 and the second line of TurkStream natural gas pipelines – both of which are under construction.
“Construction of the second branch of TurkStream on the territory of Bulgaria is going as planned and, according to our partners, will be completed by January 1 2021. [Bulgarian] Prime Minister Boyko Borissov keeps the project’s progress under personal control, regularly inspecting construction sites,” the head of the Russian Foreign Ministry’s Fourth European Department, Yuri Pilipson, told RIA Novosti.
The first part of the TurkStream pipeline has been pumping Russian gas to Turkey since its launch in January. The second part of the route, going through Bulgaria, Serbia and Hungary, to deliver gas to the European consumers, was not spared from the threat of US sanctions.
However, Sofia says that Washington’s restrictions will have no impact on the Balkan Stream, as the project, implemented by its operator Bulgartransgaz, meets all the EU rules. Thus the US has no grounds to impose sanctions on the pipeline, Bulgaria’s Energy Minister Temenuzhka Petkova told a local TV channel.
Bulgaria, which is already receiving gas from TurkStream, is currently building its part of the pipeline to carry Russian blue fuel from Turkey further into Serbia and Hungary. Belgrade earlier said it has long been ready to receive Russian gas imports after completing its section of the pipeline, but is still waiting for Bulgaria to finish theirs.
Iraq to begin construction work on railway link to Iran: Iraqi official
Press TV – July 23, 2020
A senior Iraqi official says that work for a key rail link connecting the country to the neighboring Iran will begin in the very near future.
“The railway between Iran and Iraq through the Shalamcheh link will get going soon,” said Qasim al-Araji, a national security adviser to the Iraqi government, in a tweet posted on Thursday.
The announcement comes just days after a high-ranking Iraqi delegation travelled to Iran to discuss key issues with officials in Tehran.
The announcement by Araji, a former interior minister of Iraq, could be a sign that Iran and Iraq have reached fresh arrangements on how they can finish a project that that has stalled on the Iraqi side of the border for almost eight years.
Iran’s Mostazafan Foundation (MFJ), a semi-governmental charity with years of experience in construction activities, is responsible for funding and execution of the entire project in Iran and Iraq.
Iran has finished its side of the railway, a 17-koilometer link between the cities of Khoramshahr and Shalamcheh. However, MFJ plans for continuing the project into Iraq hit a snag in 2014 when the Arab country became involved in an extensive war on terror.
The $150-million project, which spans 47 kilometers through the two territories to reach the Iraqi city of Basra, has also faced issues like mine clearance inside Iraq.
Once finished, the railway could have major economic and geopolitical implications for Iraq.
It will serve as a major link on Iraq’s transit access through Iran to landlocked countries as of Central Asia and further to India and East Asia.
China also views the link as a major component of its new Silk Road scheme which runs through various territories to reach gateways of Europe, including through Iran, Iraq and Syria to the Mediterranean.
Iran, Russia to devise long-term strategic cooperation agreement: FM Zarif
Press TV – July 22, 2020
Iranian Foreign Minister Mohammad Javad Zarif says Tehran and Moscow have agreed to devise and conclude a long-term strategic cooperation agreement.
Speaking to reporters on the sidelines of a cabinet meeting on Wednesday, Zarif said the agreement was made during his Tuesday visit to Moscow, where he met with his Russian counterpart, Sergei Lavrov, and talked with President Vladimir Putin on the phone for one hour due to the coronavirus pandemic.
Describing his talks with Russian officials as fruitful, Zarif said he held intensive negotiations with the authorities in Moscow for four and a half hours that resulted in the agreement.
He pointed to a 10-year agreement initially inked between Tehran and Moscow two decades ago, which has been extended twice for five years each time and is due to expire in eight months.
“If no one has any objection, the agreement will be extended automatically for another five years, but we decided it would be better to devise a long-term comprehensive strategic treaty and update it,” he added, noting the agreement will be sent to Iran’s Parliament for approval.
Zarif traveled to Moscow to hold talks with senior Russian officials on issues of bilateral and regional significance and to convey President Hassan Rouhani’s “important” message to Putin.
Iranian Deputy Foreign Minister Abbas Araqchi also accompanied Zarif in his third visit to Russia in the past six months.
US concerned about emergence of new powers like Iran
Elsewhere in his remarks, the top Iranian diplomat commented on a recent article by US Special Representative for Iran Brian Hook, in which the American official expressed skepticism at a recent strategic partnership announced by Iran and China.
In a joint opinion article published in the Wall Street Journal on Monday, Hook and the US Undersecretary of State for Economic Growth, Energy, and the Environment Keith J. Krach took aim at a 25-year strategic partnership recently announced between China and Iran.
They noted in the article other parts of the partnership between Iran and China that they claimed could cause their alliance more harm than good and praised companies and countries that have sought to cut business ties with Iran and China.
In response to the article, Zarif described Hook as the “architect of the maximum pressure” campaign against Iran.
He has definitely never been benevolent towards the Iranian people or he would not have imposed economic terrorism against them under conditions that the people are grappling with the novel coronavirus pandemic, the minister said.
“The 25-year cooperation agreement between Iran and China is completely transparent. Nothing has been finalized yet, but we are very close to an agreement,” Zarif said.
He dismissed rumors about the agreement and noted that the US is making hue and cry as it is concerned about the emergence of new powers like Iran, China and India.
Due to COVID-19, face-to-face negotiations have not yet taken place, so no document is currently valid, Zarif said, but stressed that so far, all the steps taken have been transparently announced.
“There are no hidden points in the Iran-China cooperation document,” he concluded.
Zarif said earlier the agreement is at the “negotiation” stage, noting that the Foreign Ministry has obtained the required permission from the government to engage in the relevant talks.
Speaking to ICANA News Agency, the Iranian Parliament’s news outlet, last Thursday, he dismissed rumors and anti-Iran reports that the 25-year agreement with Beijing entails cession of some parts of the Iranian territory to Chinese contractors.
“These allegations are not true. There is not even a particle of truth to these allegations, which have been put forth,” he added.
US’ War Tactics Might Not Be Useful Anymore
By Prof. Zamir Ahmed Awan | One World | July 21, 2020
The US’ typical war tactics of the past may not be useful against China, Russia, or North Korea. Let us review the Iraq War as a typical case. The first step was the media war by building an anti-Saddam narrative. The BBC reported on the weapons of mass destruction in Iraq and termed them a threat to regional and global peace. UN inspectors were dispatched to verify their existence, but could not confirm anything. When the US was sure that Iraq had no weapons of mass destruction and capability of resistance or retaliation, that was when it decided to attack the country. Later on, the BBC apologized for spreading fake news, but only after the destruction of Iraq.
Simultaneously, the media distorted the image of President Saddam Hussein and instigated the public against him. The US intelligence identified individuals disgruntled with the Saddam regime, provided them training, equipped them, liberally funded them, and organized systematic agitations, demonstrations, and insurgency against the Saddam government.
After the US established a strong network against Saddam Hussein and agents providing them with ground intelligence, they felt comfortable attacking Iraq.
The preparatory work that was undertaken before the attack included spreading anti-Saddam sentiments, supporting insurgencies, spreading fake news, and creating an environment for a smooth attack. Media and intelligence agents were the tools to achieve all of this.
Then the US, along with its allies, launched airstrikes, carpet bombed, and dropped unlimited explosives. After destroying the control and command, dispersing troops, telecommunications, power plants, fuel storage facilities, hospitals, airports, government buildings, and other important installations, they were assured of no resistance or retaliation from the Iraqi forces.
The airstrikes were made as a result of high-tech warfare, jamming radars, and disabling Iraqi defense systems. The US used bombers at a very high altitude where Iraqi anti-air crafts defense systems could not reach so that there were no casualties on the American side. After damaging the whole country so badly, and when they were 100% sure of no resistance from the Iraqi forces, the ground troops conquered Baghdad almost without any resistance or loss of lives.
The Libyan War was a similar case. They tried to do the same thing in Syria. However, this did not succeed because Russia rescued Syria, while it was quite a different story in the case of North Korea. The US could not penetrate into Korea, reach disgruntled individuals, or lobby against the Kim regime. The media war was not successful either. On the other hand, North Korea really has nuclear deterrence. That is why the US never attacked North Korea. In the case of Iran, the US understands the potential of resistance and retaliation. Iran demonstrated its capabilities well when the US assassinated General Soleimani in Baghdad.
I am pretty sure that the US will never come into direct confrontation with China. Although the US tried its best to destabilize China by creating issues like Hong Kong and Xinjiang, China has almost fully overcome such disturbances. The media war is also under the control of the Chinese government. China is officially recognized as the second-largest economy just after the US, but the realities may be different. In the case of weapons, China is not behind the US. In high-tech and advanced technologies, in some respect, China is ahead of America. China might not compete with America in conventional warfare, but it can move swiftly, decisively, and with its most modern advanced defense systems.
At the same time, the US is losing its reputation worldwide because it was — and in some cases, still is — involved in countless killings in South America, the Middle East, Vietnam, Japan, Africa, Korea, and many other parts of the world. Some people say that “when you have America as your friend, you do not need any enemies”. Even close allies of the US are not satisfied. Anti-American sentiments are growing globally. While this is happening, China is engaged in connectivity, infrastructure development, and the promotion of understanding and harmony among various cultures. The Belt & Road Initiative (BRI) is a message of peace, stability, development, and prosperity. As a result, China enjoys an immense amount of goodwill.
In order to preserve this message of global peace, we must always struggle to avert any conflict in any part of the world and resolve all issues amicably, diplomatically, and politically under the UN Charter.
Prof. Engr. Zamir Ahmed Awan is a Sinologist (ex-Diplomat), Editor, Analyst, Non-Resident Fellow of CCG (Center for China and Globalization), National University of Sciences and Technology (NUST), Islamabad, Pakistan. (E-mail: awanzamir@yahoo.com)
Net Zero: Every Urban Street And Front Drive Will Be Dug Up
New paper reveals hidden cost of Net Zero decarbonisation
Global Warming Policy Foundation – 16/07/20
London – The UK faces a £200 billion bill to rewire the country if the government follows through on plans to electrify the country’s homes and transport systems. That’s because installation of electric car chargers and heat pumps will push up demand for power beyond the capacity of the existing wiring.
The findings are set out in a new report from the Global Warming Policy Foundation, which is published today. According to author Mike Travers, this will mean that most streets in the UK will need to be dug up (with diesel-driven machinery):
“At present new home car chargers and heat pumps are using up all the spare capacity. But we will soon reach the point where the network will not be able to handle the extra demand. So in towns and cities, the underground cables which carry the power will be inadequate. That means that we are going to have to dig up almost every urban street and many rural ones too. The whole distribution grid is going to need to be replaced.”
And the cables that carry power into the homes will need to be dug up too.
According to Travers:
“The power cables taking electricity into your home probably run underneath your front drive. So if you want a car charger and a heat pump you are going to have to pay to dig it up. If you have an expensive monoblocked drive, that will not be cheap. Distribution boards, main fuses and smart meters in homes are going to have to be upgraded too.”
Travers has estimated the cost of all this work at around £200 billion, even before considering the cost caused by the disruption. “Many homeowners will be paying thousands”, he says.
Mike Travers CEng, MIMechE, FIET is an electrical engineer, whose career spanned periods in the Royal Engineers, in the hydroelectric sector, and industry. He previously sat on the the IET Wiring Regulations Committee and was the industry representative on the committee that rewrote the Grid Codes for Scotland.
His paper is entitled The Hidden Cost of Net Zero: Rewiring the UK and can be downloaded here (pdf)
‘It’s high time we created club of countries hit by US sanctions’ – Iranian envoy to Russia
RT | July 21, 2020
The states that have been targeted by Washington’s sanctions could unite to jointly counter the US policy, Iranian Ambassador to Russia Kazem Jalali has said.
“I believe it’s high time we created a club of countries hit by sanctions,” the envoy said in an interview with Kommersant newspaper, published on Tuesday. “Among its members will be many strong powers with developed economies: Russia, China and Iran.”
Such states should help each other in order to offset the negative influence of US moves, Jalali said, adding that Washington does not want to see any rivals, whose positions in any region would be stronger than those of the US. “They want Russia to be weak, China to be economically subordinated to them, and Iran to become their colony,” the diplomat claimed.
Jalali said on May 21 that partnership between Russia and Iran impedes the influence of external factors on their relations, TASS reported.
Iran to launch special trade office in China: Businessman
Press TV – July 21, 2020
Iran is to set up a special office in China to streamline trade activities with the East Asian country.
A senior businessman says major Iranian companies are teaming up to create a trade office in China amid growing economic relations between the two countries.
Gholamhossein Jamili, a board member at Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA), said on Tuesday that the trade office in China would play a major role in protecting Iranian businesses and firms working in the East Asian country against growing restrictions caused by US sanctions.
“We are working to launch this office before the end of the current Christian calendar year,” Jamili was quoted as saying by the official IRNA news agency.
The announcement comes amid reports of booming economic relations between Iran and China as the two countries move to finalize a 25-year comprehensive partnership agreement that would massively boost bilateral cooperation in areas like energy, infrastructure, tourism and trade.
China was the top buyer of Iranian oil before the United States introduced its unilateral sanctions on Iran two years ago. However, Beijing is still a top economic partner for Iran and the balance of trade between the two countries hit $20 billion in the year ending March, according to Iranian government data.
Other senior Iranian figures involved in trade with China said that the planned trade office would seek to resolve problems facing Iranian businesses and companies in China.
Majid Hariri, who chairs the Iran-China Joint Chamber of Commerce, said that the office in Beijing would serve as Iran’s economic embassy in the East Asian country.
The official IRNA news agency said the ICCIMA plans similar offices in India, Turkey, United Arab Emirates and Iraq, adding that two such offices are being set up in Russia’s Astrakhan and Syria’s Damascus.
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Why Saudi Ties to 9/11 Mean U.S. Ties to 9/11
By Kevin Ryan | Dig Within | September 27, 2015
Media interest in Saudi Arabian connections to the crimes of 9/11 has centered on calls for the release of the 28 missing pages from the Joint Congressional Inquiry’s report. However, those calls focus on the question of hijacker financing and omit the most interesting links between the 9/11 attacks and Saudi Arabia—links that implicate powerful people in the United States. Here are twenty examples. … continue
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