Saudi Arabia, Iran restore relations in deal brokered by China
Mint Mumbai|March 11, 2023
Accord marks diplomatic victory for Beijing in a region where U.S. has long dominated geopolitics.
Stephen Kalin
Saudi Arabia, Iran restore relations in deal brokered by China

Iran and Saudi Arabia agreed to re-establish diplomatic relations Friday in a deal brokered by China, ending seven years of estrangement and jolting the geopolitical alignment of the Middle East.

The deal, which comes after other unsuccessful attempts by Iraq and others to mend fences, marks a diplomatic victory for Beijing in a region where the U.S. has long dominated geopolitics.

Iran and Saudi Arabia are major suppliers of oil to China and have sought closer economic ties, but the agreement is the first time Beijing has weighed in so heavily on the region's rivalries.

The agreement was hammered out in secret in Beijing between top Saudi and Iranian officials over several days, Iranian state-aligned media reported. It comes three months after Chinese leader Xi Jinping met with Saudi Crown Prince Mohammed bin Salman in December in Riyadh, and follows Iranian President Ebrahim Raisi's trip to Beijing last month.

Under the agreement released by all three countries, Iran and Saudi Arabia will reopen their embassies and missions on each other's soil within two months, and both affirmed noninterference in the internal affairs of other states. The two countries agreed that their foreign ministers will hold a summit soon to hammer out the details.

Ties between the two countries were cut in 2016 after the Saudi Embassy in Tehran was overrun amid protests over the execution of a prominent Shiite cleric by the Saudi government.

Since then, the Iran-Saudi rift has represented the often violent schism between Shiite and Sunni Muslims that has dominated the Middle East for decades.

The Saudis and Iranians have backed opposite sides in conflicts ranging from Syria to Yemen over the past seven years. In 2019, they were on the brink of war when Iran was blamed for missile and drone attacks on a Saudi oil field.

Diese Geschichte stammt aus der March 11, 2023-Ausgabe von Mint Mumbai.

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 11, 2023-Ausgabe von Mint Mumbai.

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 MINT MUMBAIAlle anzeigen
Mint Mumbai

Viksit Bharat needs big plans and coordinated action

Let's transform manufacturing and agriculture, decarbonize the economy and unleash growth led by women

time-read
3 Minuten  |
November 19, 2024
Indonesia will need to tread a fine line after T rump's return
Mint Mumbai

Indonesia will need to tread a fine line after T rump's return

Jez/farms relations with China mustn,t send out the wrong signals

time-read
3 Minuten  |
November 19, 2024
What if Donald Trump keeps his promises on economic policy?
Mint Mumbai

What if Donald Trump keeps his promises on economic policy?

The 2024 US election is one of those rare instances where there is palpable fem that the winner will actually follow through

time-read
3 Minuten  |
November 19, 2024
Mint Mumbai

The Indian state is still to fully unshackle our economy

Economic success needs the state to function as an enlightened referee and be less statist

time-read
3 Minuten  |
November 19, 2024
Mint Mumbai

Let's tackle the harsh realities of mental health at the workplace

Ensure an inclusive work environment with policies of reasonable accommodation and support

time-read
3 Minuten  |
November 19, 2024
Hypersonic weapons in the age of A!: Be careful
Mint Mumbai

Hypersonic weapons in the age of A!: Be careful

Indias hypersonic missile marks a leap and updates its nuclear deterrence. But dangers lurk in the global race for these speedy and sneaky weapons, wit/z AI -use posing new risks

time-read
2 Minuten  |
November 19, 2024
Mint Mumbai

How working abroad gives young Indians a wealth edge back home

Working overseas gives them the advantage to earn in stronger currencies and benefit from exchange rates

time-read
5 Minuten  |
November 19, 2024
Mint Mumbai

FALLING MARKETS ARE JUST WHAT YOU NEED: HERE'S WHY

For some of you, a market downturn may be an ideal time for a complete financial reset

time-read
2 Minuten  |
November 19, 2024
Mint Mumbai

Remitting foreign fund: Tax implication for NRI

I will be moving back to India in FY25. Do I need to bring the money I earned abroad with me? If yes, will it be taxed? If no, what will be the tax implications in India in the future?

time-read
1 min  |
November 19, 2024
BOREDOM: THE INVISIBLE CAUSE OF RISING ATTRITION
Mint Mumbai

BOREDOM: THE INVISIBLE CAUSE OF RISING ATTRITION

They deliver on the job, but many employees are just going through the motions with one eye on the exits

time-read
8 Minuten  |
November 19, 2024