Iran is Set to Join EAEU in a Free Trade Zone Agreement

Iran is Set to Join EAEU in a Free Trade Zone Agreement

Saturday marked the 64th anniversary of the CIA sponsored coup to overthrow Iranian Prime Minister Mohammad Mosaddegh. With the Iranian Revolutionary Guard Corps (IRGC) and its proxies victory over ISIS and so-called moderate rebels backed by arch rival Saudi Arabia in Syria, and growing relations with neighboring Qatar and Turkey, Iran is once again emerging as the dominant power in the Persian Gulf region as it was prior to the 1979 revolution.

Besides its enormous oil and gas reserves rapidly developing after the nuclear deal with the U.S. and EU removed sanctions, the most important factor in Iran's rise is trade, not military might or revolutionary Shi'a Muslim ideology. The country is a pivotal part of connecting the One Belt One Road (OBOR) to the North South Transport (INSTC) Corridor through the Caucuses (Georgia, Armenia, Azerbaijan)

Both projects intimately involve Iran's military ally and Caspian Sea partner Russia, which has helped Iran overcome its shortage of refining capacity in a weak oil price market in return for purchasing Russian goods. In addition to Iran, Turkey is also signing on to the Eurasian Economic Union customs agreement, ensuring the smooth flow of goods from the Indian subcontinent and Persian Gulf to Turkish Mediterranean/Black Sea ports supplying Europe. Such critical mass makes for a tremendous magnet, including to historic U.S. allies like Pakistan, Egypt and Israel or countries that have drifted from non-aligned status to quasi-U.S. defense partners in recent years, like India. -- JWS

You can listen to London Paul's latest guest shows on RogueMoneyRadio and support The Sirius Report by subscribing here.

Read More

Persian Gulf – Black Sea Corridor Strengthens Iranian Ties in the Region

Persian Gulf – Black Sea Corridor Strengthens Iranian Ties in the Region

While many eyes remain on Washington's media-manufactured #TrumpRussia hysteria, the components of the One Belt One Road mega-project continue to come together. One of the underrated portions of the New Silk Road is the international north south or Persian Gulf to Black Sea transit corridor. We republish this article from the Sirius Report's Lisa published on June 29, 2017 to highlight this important project for linking Iran with Russia, gas-rich Turkmenistan and the former Soviet republics of the Caucuses -- Armenia, Azerbaijan and Georgia. -- JWS 

Read More