• العربية
  • فارسی
Brand
  • Iran Insight
  • Politics
  • Economy
  • Analysis
  • Special Report
  • Opinion
  • Podcast
  • Live TV
  • Iran Insight
  • Politics
  • Economy
  • Analysis
  • Special Report
  • Opinion
  • Podcast
  • Live TV
  • Theme
  • Language
    • العربية
    • فارسی
  • Iran Insight
  • Politics
  • Economy
  • Analysis
  • Special Report
  • Opinion
  • Podcast
  • Live TV
All rights reserved for Volant Media UK Limited
volant media logo

Iran Can Thwart US Sanctions Via Shanghai Organization

Sep 16, 2022, 11:21 GMT+1
Chinese President Xi Jinping (left) and Iranian President Ebrahim Raisi
Chinese President Xi Jinping (left) and Iranian President Ebrahim Raisi

Iranian President Ebrahim Raisi said on Friday that the Shanghai Cooperation Organization (SCO) can help thwart “US unilateralism” and solve the problems created by sanctions. 

Raisi made the remarks during his meeting with his Chinese counterpart Xi Jinping on the sidelines of the SCO summit in the Uzbek city of Samarkand on Friday, adding that "the Islamic Republic has not been and won't be stopped despite all the enmities, and will not give up in the face of US' bullying."

During the summit, he reiterated that foiling "draconian" US sanctions required new solutions, stressing the need for expanding the central Asian security organization.

Raisi also called for expanding free trade among SCO member countries, alongside financial and banking cooperation, noting that Tehran and Beijing have enormous capacities in the fields of oil and energy, transit, agriculture, and trade. 

Xi, for his part, pointed out that the longstanding friendship of China and Iran have stood the test of a changing international landscape, adding that their common strategic choice is consolidating and growing their comprehensive partnership. 

The two sides should make active efforts to implement their 25-year comprehensive cooperation plan, advance China’s Belt and Road initiative -- a global infrastructure development strategy by the Chinese government to invest in various countries -- and strive for more deliverables of cooperation, Xinhua quoted Xi as saying.

Tehran, which seeks to overcome economic isolation imposed by US sanctions, on Thursday signed a memorandum of obligations to become a permanent member of the SCO, formed in 2001 as a talking shop for Russia, China and ex-Soviet states in Central Asia, and expanded four years ago to include India and Pakistan.

Most Viewed

Iran’s oil exports near zero as Persian Gulf flows recover
1
PODCAST

Iran’s oil exports near zero as Persian Gulf flows recover

2
ANALYSIS

War or deal? Rezaei begins to define Iran’s price

3
ANALYSIS

Washington’s economic war on Iran starts in Dubai, not Beijing

4

US targets Egyptian bank in first strike of economic war against Iran

5
ANALYSIS

Iran or the dollar? US makes an example of Banque Misr

Banner
Banner

Spotlight

  • What the US-Venezuela oil model could mean for Iran’s energy future
    ANALYSIS

    What the US-Venezuela oil model could mean for Iran’s energy future

  • Washington’s economic war on Iran starts in Dubai, not Beijing
    ANALYSIS

    Washington’s economic war on Iran starts in Dubai, not Beijing

  • Iran’s political prisoners are being executed. Why is supporting them controversial?
    PODCAST

    Iran’s political prisoners are being executed. Why is supporting them controversial?

  • Iran’s missing fuel: Can border smuggling explain it all?
    ANALYSIS

    Iran’s missing fuel: Can border smuggling explain it all?

  • Iran bets on China to blunt Trump’s economic offensive
    INSIGHT

    Iran bets on China to blunt Trump’s economic offensive

  • Iran or the dollar? US makes an example of Banque Misr
    ANALYSIS

    Iran or the dollar? US makes an example of Banque Misr

  • War or deal? Rezaei begins to define Iran’s price
    ANALYSIS

    War or deal? Rezaei begins to define Iran’s price

Banner