Is Iran Being Turned into a Chinese Gas Station?

A gas flare on an oil production platform in the Soroush oil fields in Iran in 2005. (Raheb Homavandi/Reuters)
Or is this recently announced investment deal sheer propaganda?

NRPLUS MEMBER ARTICLE O n March 27, in a ceremony in Tehran, the foreign ministers of Iran and China signed an agreement for China to invest $400 billion in Iran over 25 years. The New York Times reported on the deal under the headline “China, With $400 Billion Iran Deal, Could Deepen Influence in Mideast” and added this:

Iran did not make the details of the agreement public before the signing, nor did the Chinese government give specifics. But experts said it was largely unchanged from an 18-page draft obtained last year by The New York Times.

That draft detailed $400 billion of Chinese investments to

Elliott Abrams is a senior fellow in Middle Eastern Studies at the Council on Foreign Relations and a former deputy national-security adviser.

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