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M Ali Baloch in an article published in Daily Times said that Pakistan already has India as a hostile neighbor on the eastern border thus must ensure that Iran with which it does not have any troubled past has no grouse against it.
He said the lingering Afghan turmoil, raging unrest in Arab countries, discomfort between China and USA, and now, US decision to quit Iran nuclear deal have made the prospects of peace being elusive.
He added that on May 8, 2018, President Donald Trump unravelled the Iran ‘nuclear deal’. “The ‘nuclear deal’ reached between Iran and 5+1 (USA, China, Russia, France, UK and Germany) in 2015 restricts Iran to only maintain a stockpile of 300 kilograms of low-enriched uranium instead of 100,000 kilograms of higher-enriched uranium it once had,” said the analyst.
“The nuclear deal is still supported by China, Russia and by certain European capitals. European companies have already committed huge investments in different sectors particularly in the hydrocarbon field in Iran ever since the sanctions were lifted in 2015,” M Ali Baloch said.
He added that China could be one of the dependable allies of Iran to continue commercial and trade relations despite re-imposition of sanctions. China is the biggest importer of oil from Iran.
The analyst said Russia also likes the continuity of the JCPOA and sees it as an opportunity to refloat its otherwise sinking assertion by re-engaging in the region.
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