KC Singh | Iran-Saudi-China accord a wake-up call for India?
1 year, 9 months ago

KC Singh | Iran-Saudi-China accord a wake-up call for India?

Deccan Chronicle  

A “joint trilateral statement” issued by China, Saudi Arabia and Iran at the end of last week took the world by surprise. Saudi Arabia and Iran, who lead the Sunni and Shia factions of Islam respectively, had been at loggerheads ever since the 2011 Arab Spring, which had rattled autocratic regimes across the Islamic world. The joint statement on Friday opens by lauding “the noble initiative of His Excellency President Xi Jinping” for supporting “good neighbourly relations” between the two Middle East rivals. Both Iran and Saudi Arabia realise that as Europe weans itself off Russian oil and gas, by accelerating transition to a low-carbon energy future, their markets are in Asia, especially in China and India.

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