... very likely scenario. It can be seen in the US National Security Strategy and in numerous anti-Chinese bills in the US Congress. The possible victory of the Republican candidate in the US elections may well lead to a tougher American policy towards China. Given this scenario of exacerbation, the politicisation of finance in the form of sanctions is also likely. Among the new members of the Association, the interested parties include Iran, which has been under US sanctions for more than 40 years and is effectively excluded from the world of global finance, with its dominance of dollar payments. The remaining countries which were in BRICS prior to this year (India, Brazil and South ...
... elections. Washington is still the largest instigator of sanctions, and the restrictive measures taken by the Americans are the most dangerous for business. The change of administration in the United States has resulted in adjustments to the policy of sanctions against Russia, China and Iran. The EU’s toolkit of restrictive measures has been gradually developing, although there have been no significant breakthroughs. Belarus can be directly called the “target country” of the year. The level of sanctions levied against Minsk by ...
... remains a key player in the international arena, even targeted sanctions will affect state interests
When experts and media publications discuss the issue of sanctions, they often say that they are against a particular country. We often hear about sanctions against Russia, Iran, China, or retaliatory measures against the US, EU and other countries. At the same time, given the specifics of modern sanctions, there is an increasingly widespread use of so-called “pin-point”, “targeted” or “smart” sanctions. If in the ...
...
Ivan Timofeev:
Strategic Rivalry: Prospects for Russian-American Relations in the New US Political Cycle
Such targeted measures are routine, quite expected and likely. The Treasury will routinely expand “black lists” in other key areas of the sanctions policy—Iran, North Korea, Cuba, China, as well as functional topics—terrorism, the fight against drug trafficking, human rights, etc.
However, all these restrictions are based or will be based on already-existing legal mechanisms. Joe Biden and Congress have yet to create new sanctions ...
... current situation gives rise to uncertainty about the further development of the situation, including the supply of weapons to Iran. In theory, any state can sell such supplies. In practice, there will be few people or companies willing to sell weapons to Iran due to fears of secondary US sanctions. An exception can be made by two countries: China and Russia. China may raise the issue of military deals with Iran, given the growing pressure from Washington on Beijing. The very fact of raising such a question, which is quite legitimate from the point of view of international law, will be an ...
... economically benefit Russia greatly. Additionally, Russia, the world's second-largest arms exporter, could use the opportunity to improve its position in the world arms market by taking advantage of Iran's significant arms needs.
On the other hand, although China has provided assistance to Iran several times in relation to sanctions pressure, the country has, at the same time, shown its reluctancy to take risks. For example, China has recently reduced trade and
oil purchases
from Iran following US pressure. It is thus likely, for Beijing, to repeat this behavior, especially ...
... Huawei, the company found itself hanging. After all, a license can be cancelled at any point or simply not be renewed. To top it all, US prosecutors brought charges against Huawei and its managers. They are charged not only with conspiracy to circumvent sanctions against Iran and the DPRK, but also with attempted industrial espionage [
xxxiv
] (these accusations and claims against China have been heard for a long time at the level of rhetoric, publications and judicial trials).
The US-China differences in the communications sector escalated fairly quickly. The first state of emergency that gave the US president the right to impose ...
... serious aggravation of relations with China, Russia, or any other country. However, this may happen in the future. This is clear from the experience of secondary sanctions over Iran, which have had a much stronger impact on US–Chinese relations.
Iranian Nuclear Problem: The Fallout in US–China Relations
Georgy Bulychev:
Are Sanctions Conducive to Korean Settlement?
Sanctions against Iran are very similar to restrictions against North Korea. In order to contain Iran’s nuclear programme, the UN Security Council has adopted a number of resolutions as well. Since 2006, the ...
... India are all signs of major concern for the custodian of the global reserve currency.
New World Begets a New Bank
As a default mode, China should also beware that “the sanctioned objects in the mirror are closer than they appear.” In other words, China may also be a subject to sanctions at one point partially or fully.
Tristan Kenderdine:
US–Iran Conflict Would Strengthen China’s Position in the Middle East
China, Russia, India, Brazil, and South Africa are the founding members of the
New Development Bank
. NDB’s 2017–2021 general strategy clearly highlights the bank’s commitment ...
... when entering the Strait off the coast of Fujairah. On June 13, this time near the Iranian coast, two more tankers flying the flags of the Marshall Islands and Panama... ... of another exacerbation in U.S.–Iran relations and the United States imposing more sanctions on Tehran.
Nobody has claimed responsibility for either of the incidents.... ... could interact effectively.
Ivan Timofeev:
Tanker Incidents: Who Blinks First?
India, China, and Russia could offer their patrolling services, since both India and China...
