US Secretary of State Mike Pompeo on Wednesday urged the UN Security Council to renew the arms embargo on Tehran as China and Iran explore a strategic pact.
Mr Pompeo said a 25-year strategic partnership that is being negotiated between Iran and China was not the first of its kind.
He said that potential security and military aspects of such an agreement meant that extending the UN arms embargo on Iran, which was due to expire on October 18, took on greater urgency.
“China will sell weapons systems to Iran,” if the embargo is not renewed and the pact goes through, Mr Pompeo said.
The deal being negotiated between the two US rivals involved $400 billion (Dh1.46 trillion) in Chinese investments in Iran, including security and intelligence, Iranian officials said this week.
Mr Pompeo is expected to discuss the embargo extension on a trip to the UK and Europe next week.
He said Washington was not far away from presenting a resolution to the Security Council seeking to extend the arms embargo on Iran for another five years.
Mr Pompeo said that Europe was in favour of an extension.
On Wednesday, German Chancellor Angela Merkel discussed the Iran embargo in a call with Russian President Vladimir Putin, said her spokesman, Steffen Seibert.
Russia has voiced its objection to renewing the embargo.
Mr Pompeo is describing the extension of the embargo as a national security issue and said failing to commit to it would spark instability in the Middle East.
“Iran will hold a sword of Damocles over the economic stability of the Middle East, endangering nations like Russia and China that rely on stable energy prices,” he told the UN this month.
But if the Security Council fails to act, the US is not closing the door on other options.
“The United States’ overwhelming preference is to work with this council to extend the arms embargo, to protect human life, to protect our national security and to protect yours,” Mr Pompeo said.
One option would be to reimpose multilateral sanctions if the embargo were not renewed.
But that would require the Trump administration to return to the Iran nuclear deal, under which those sanctions are permitted, from which it withdrew in 2018.
Such a move would all but guarantee that the agreement collapsed.
During his briefing, Mr Pompeo also remembered the victims of the terrorist attacks on a Jewish community centre in Argentina in 1994, and a 2012 attack in Bulgaria on Israeli tourists.
On the anniversary of those attacks, he blamed the Iran-backed group Hezbollah of carrying them out.
https://twitter.com/StateDept/status/1283402168247230464?s=20
Mr Pompeo is due to leave for the UK on Monday and will visit Denmark and other European capitals.
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In numbers: China in Dubai
The number of Chinese people living in Dubai: An estimated 200,000
Number of Chinese people in International City: Almost 50,000
Daily visitors to Dragon Mart in 2018/19: 120,000
Daily visitors to Dragon Mart in 2010: 20,000
Percentage increase in visitors in eight years: 500 per cent
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A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.
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ETFs explained
Exhchange traded funds are bought and sold like shares, but operate as index-tracking funds, passively following their chosen indices, such as the S&P 500, FTSE 100 and the FTSE All World, plus a vast range of smaller exchanges and commodities, such as gold, silver, copper sugar, coffee and oil.
ETFs have zero upfront fees and annual charges as low as 0.07 per cent a year, which means you get to keep more of your returns, as actively managed funds can charge as much as 1.5 per cent a year.
There are thousands to choose from, with the five biggest providers BlackRock’s iShares range, Vanguard, State Street Global Advisors SPDR ETFs, Deutsche Bank AWM X-trackers and Invesco PowerShares.
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Results
2pm: Serve U – Maiden (TB) Dh60,000 (Dirt) 1,400m; Winner: Violent Justice, Pat Dobbs (jockey), Doug Watson (trainer)
2.30pm: Al Shafar Investment – Conditions (TB) Dh100,000 (D) 1,400m; Winner: Desert Wisdom, Bernardo Pinheiro, Ahmed Al Shemaili
3pm: Commercial Bank of Dubai – Handicap (TB) Dh68,000 (D) 1,200m; Winner: Fawaareq, Sam Hitchcott, Doug Watson
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Our legal columnist
Name: Yousef Al Bahar
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Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers
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