ISSUES....
Inside, confidential, off the record

 

Moves in " The nuclear chess board "

Another Move In The Iranian "Nuclear Game"

On November 1, 2007 the United States claimed that both Russia and China had been blocking tough U.N. sanctions against Iran.

China may not have sided with Russia, but it has certainly decided to participate in the Iranian "nuclear game" whose outcome will influence the remainder of the 21st century.

Nicholas Burns, U.S. Undersecretary of State for Political Affairs, said China and Russia had been stalling a new United Nations Security Council resolution since late March.

The five permanent powers on the Security Council (United States, Russia, China, France, Great Britain) plus Germany will meet in London on Friday to weigh the scope for more sanctions.

Russia has argued that further sanctions could push Iran into a corner.

China urged a diplomatic solution to the issue, recognizing it had become difficult.

Iran has defied three Council resolutions, two with modest sanctions attached, since last year demanding it stop enriching uranium. Iran says it wants nuclear-generated electricity, but Western powers suspect a disguised bid to build atom bombs.

Tension over Iran's nuclear activities has helped catapult oil prices to record highs of over $90 a barrels in recent days. Iran President Mahmoud Ahmadinejad suggested new bilateral U.S. sanctions would mainly hurt European Union countries doing business with Iran, which has vast oil and gas reserves.

- By Galina Ivanova / Russian Election 2008

 

Petroleumworld 11 13 07

ISSUES.... Is an independent journalist effort from Petroleumworld, on Inside, Confidential
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