How China, Russia, and Iran are Forging Closer Ties – The Economist

This story from the prestigious The Economist magazine is about China, Russia, and Iran and how they are involving in the forging of closer ties among these three nations.

Historically, they were often rivals, but recent geopolitical shifts have brought them together. Their shared interests include economic cooperation, anti-Western sentiments, and a desire for a multipolar world.

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This alliance has implications for global politics and trade, challenging Western dominance. While still evolving, this trio’s collaboration could shape the future landscape of international relations.

Common Ground: Russian President Vladimir Putin and Iranian President Ebrahim Raisi share similarities: both are personally targeted by American sanctions, and both have visited China in recent years. Their affinity has grown, with discussions on topics like the war in Gaza and mutual congratulations on election victories.

China, Russia, Iran

Historical Context: Historically, the three nations were often rivals, competing for control of trade routes and meddling in each other’s affairs. However, recent actions by the United States have shifted their dynamics.

Anti-Western Axis: The trio now aims to advance a common foreign policy that supports a multipolar world not dominated by America. Economic ties serve as the foundation for their new alliance.

Economic Cooperation:

China and Russia: China has pledged a “no limits” partnership with Russia. Their bilateral trade is growing, and China has become a significant buyer of Russian oil, especially since Europe reduced its purchases.

China and Iran: In 2021, China signed a 25-year, $400 billion “strategic agreement” with Iran, strengthening economic cooperation.

Multilateral Clubs: All three countries participate in multilateral groups like BRICS.

Tariff-Free Blocs and Trade Routes: Plans are underway for tariff-free blocs and alternative trade routes that bypass Western-controlled locations.

Implications: For the West, this alliance poses challenges. An anti-Western axis could help these countries evade sanctions, win conflicts, and recruit other actors.

Future Outlook: While their collaboration is still evolving, the trio’s shared interests in business, energy, and geopolitics suggest a formidable force in the years to come.

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