The deal grants China significant rights over the Iran’s resources and help to Iran in increasing its oil and gas production. Leaked information revealed that one of the terms is that China will be investing nearly $400 billion in Iran’s oil, gas and petrochemicals industries. In return, China will get priority to bid on any new project in Iran that is linked to these sectors.
China will also be able to pay in any currency it chooses.
The Biden administration’s failure to lead is effectively handing the US over to China, Russia and Iran on a platter, actively creating a new world order with China at the top and the US potentially wherever China wants.
Where is our commitment to a “Manhattan Project” to strengthen our defense? Why is the requested defense budget for 2024 only 3.2% higher than the 2023 budget? This means in real […]
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