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China & Iran sign MASSIVE 25-Year $400BN infrastructure for oil deal

China & Iran sign MASSIVE 25-Year $400BN infrastructure for oil deal
The Duran: Episode 925

Iran & China Sign Massive 25-Year Deal: $400BN Chinese Infrastructure Investment For Oil

Iran & China Sign Massive 25-Year Deal: $400BN Chinese Infrastructure Investment For Oil

Increasingly it appears that so-called “rogue states” and those under Washington’s wrath and sanctions are coming together to combat US dominance across the globe. It was a process already set in motion after years of aggressive US attempts to enforce a ban on Iranian and Venezuelan oil, as a prime example.

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Franz Beckenbauer
Franz Beckenbauer
March 29, 2021

I wonder how the Chinese pay for the oil. In yankee dollars ? I don’ t think so. After being kicked out of SWIFT (which is hopelessly outdated anyway) Iran is back in the game with the China/Russia version of it. And Joe wonders where he is.

David Robertson
David Robertson
Reply to  Franz Beckenbauer
March 29, 2021

I believe they are paying for it by building infrastructure in Iran. The petro-dollar is rapidly becoming a thing of the past.

Helga I. Fellay
Helga I. Fellay
Reply to  David Robertson
March 29, 2021

precisely. No money need be involved. The Chinese will trade building infrastructure in Iran vs. receiving oil as payment. quid pro quo.

Franz Beckenbauer
Franz Beckenbauer
Reply to  Helga I. Fellay
March 30, 2021

I see. So they’ll pay the workers in little droplets of oil.

Helga I. Fellay
Helga I. Fellay
Reply to  Franz Beckenbauer
March 30, 2021

Franz – the contract is between the two governments, not between China and Iranian workers. Any Iranian workers hired to help build the infrastructure will be paid by the Iranian government in Iranian currency whatever it is Iranian workers are paid.

Helga I. Fellay
Helga I. Fellay
Reply to  Franz Beckenbauer
March 29, 2021

Our Uncle Joe not only wonders where he is, he also wonders where China is, and where Iran is, and probably also what oil is. Iran so deserves a powerful friend such as China. After the subservient US has destroyed Iraq on Israel’s behalf, destroyed Syria on Israel’s behalf (until Russia saved Syria), and Biden has now renewed the destruction of Syria, Iran is now the #1 target of Israel. Iran needs a friend as powerful as China.

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