At Beijing's brokering
Millennium Post Delhi|March 15, 2023
China-mediated deal between Iran and Saudi Arabia marks an improvement in China’s diplomatic hold in the Middle East while US’ influence is waning
M SHAKEEL AHMED
At Beijing's brokering

The mediatory role by China leading to the surprise restoration of ties between archrivals Iran and Saudi Arabia signals the emerging political influence of Beijing in the Middle East as a whole and the Gulf region in particular. It also reflects the waning of US influence in the area besides dealing a jolt to Israel, which is reportedly having growing security and commercial ties with Saudi Arabia in its bid to isolate Iran in the region.

Since returning to the office late last year, Israeli Prime Minister Benjamin Netanyahu and his allies have hinted that a deal with the Kingdom could be in the offing. In a speech to American Jewish leaders last month, Netanyahu spoke of a peace agreement as "a goal that we are working on in parallel with the goal of stopping Iran." After years of hostility that had threatened stability and security in the Gulf and escalated conflicts in the Middle East from Yemen to Syria, the deal was announced following four days of behind the closed doors talks between top security officials from Iran and Saudi Arabia in Beijing. According to a statement issued by the two countries and China, the two Gulf countries have agreed to resume diplomatic relations and re-open embassies within two months.

"The agreement includes their affirmation of the respect for the sovereignty of states and the non-interference in internal affairs," it said.

The two countries also agreed to reactivate a 2001 security cooperation agreement that helped prevent active conflict for 10 years despite deep mutual mistrust, which remains even today, and an earlier accord on trade, economy and investment. Saudi Arabia severed its ties with Iran in 2016 after its embassy in Tehran was stormed during a dispute between the two countries over Riyadh's execution of a Shi'ite Muslim cleric.

Diese Geschichte stammt aus der March 15, 2023-Ausgabe von Millennium Post Delhi.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der March 15, 2023-Ausgabe von Millennium Post Delhi.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS MILLENNIUM POST DELHIAlle anzeigen
SRH AT SECOND SPOT WITH 17 POINTS - Salt-less Kolkata take on Sunrisers Hyderabad in power-hitting slugfest
Millennium Post Delhi

SRH AT SECOND SPOT WITH 17 POINTS - Salt-less Kolkata take on Sunrisers Hyderabad in power-hitting slugfest

High-flying Kolkata Knight Riders and an unpredictable Sunrisers Hyderabad, teams that have built their IPL 2024 campaign on power-hitting, will look to outmuscle each other in Qualifier 1 here on Tuesday.

time-read
2 Minuten  |
May 21, 2024
MALAYSIA MASTERS - Focus on Sindhu as she looks to end title drought
Millennium Post Delhi

MALAYSIA MASTERS - Focus on Sindhu as she looks to end title drought

Back from a break, P V Sindhu will look to hit the right notes in her quest for some confidence-boosting wins ahead of Paris Olympics when she spearheads India's campaign in the Malaysia Masters badminton tournament starting here on Tuesday.

time-read
1 min  |
May 21, 2024
Peak power demand hovering near projected 235 GW this month amid severe heat wave
Millennium Post Delhi

Peak power demand hovering near projected 235 GW this month amid severe heat wave

Last week, the peak power supply touched 229.57 GW on May 18, while it was around 226 GW on May 15, 16 and 17

time-read
2 Minuten  |
May 21, 2024
PM Modi says his govt’s track record best on job creation front
Millennium Post Delhi

PM Modi says his govt’s track record best on job creation front

Listing out the initiatives that created more employment, he said a large number of recruitments have been done in government sector

time-read
3 Minuten  |
May 21, 2024
Govt plans to ensure adequate coal stock at power plants
Millennium Post Delhi

Govt plans to ensure adequate coal stock at power plants

Coal availability gets impacted during monsoons

time-read
1 min  |
May 21, 2024
India Inc gets inked: Corporate leaders vote for stable govt, development
Millennium Post Delhi

India Inc gets inked: Corporate leaders vote for stable govt, development

The half a dozen Lok Sabha seats in Mumbai were along 13 constituencies that voted in the fifth and last phase of elections in Maharashtra

time-read
2 Minuten  |
May 21, 2024
OIL posts highest-ever quarterly profit in March
Millennium Post Delhi

OIL posts highest-ever quarterly profit in March

Oil India Ltd declared its financial results for FY202324, in its 554th meeting of the Board of Directors held on 20th May 2024. On the strength of sound operating performance reflected in highest ever O+OEG production of 6.54 MMTOE, the company registered highest ever EBIDTA of Rs 11,643.30 crore for FY24.

time-read
1 min  |
May 21, 2024
ONGC consolidated net profit rises 77.9% to ₹11,527 crore in March qtr
Millennium Post Delhi

ONGC consolidated net profit rises 77.9% to ₹11,527 crore in March qtr

For full fiscal 2024, the company’s consolidated net profit jumped 67.7 per cent to Rs 57,101 crore, compared to Rs 34,046 crore in FY23

time-read
2 Minuten  |
May 21, 2024
Japan imposes new rules to climb Mt. Fuji to fight overtourism, littering
Millennium Post Delhi

Japan imposes new rules to climb Mt. Fuji to fight overtourism, littering

The number of Mt. Fuji climbers during the season in 2023 totalled 221,322

time-read
1 min  |
May 21, 2024
AFTER HELICOPTER CRASH KILLS RAISI - Iran's first VP appointed Prez by supreme leader Khamenei
Millennium Post Delhi

AFTER HELICOPTER CRASH KILLS RAISI - Iran's first VP appointed Prez by supreme leader Khamenei

Iran's supreme leader has appointed First Vice President Mohammad Mokhber as country's acting president after a helicopter crash killed President Ebrahim Raisi.

time-read
2 Minuten  |
May 21, 2024