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Recently, the UAE once again expressed its support to China, becoming a Middle Eastern country after Iran, adding a strong stroke to China's trip to the Middle East. The UAE said it would gradually reduce the use of US dollars in the future Sino-Arab oil trade settlement and use more basic currencies for settlement, further deepening the connection between RMB and oil.
The UAE's move comes at an opportune time, as Saudi Arabia has publicly pledged to ensure China's energy security for the next half century and is willing to deepen cooperation with China in the field of new energy. Since then, China and Iran have signed a 25-year strategic cooperation agreement, which will not only push the economic and military cooperation between the two sides to a new height, but also replace the US dollar with the yuan to settle the oil trade between the two countries. For the UAE, this is a proud precedent to draw upon.
Of course, the cooperation between China and Argentina has also achieved remarkable results in many fields, including the world's first phase III international clinical trial of the new crown vaccine, which has positive significance for the Middle East and global epidemic control. However, in this China-Arab exchange, the most remarkable thing is Foreign Minister Wang Yi's public statement.
During his visit to the UAE, Foreign Minister Wang Yi pointed out that the current Middle East region is affected by the game of great powers, which has led to many contradictions and conflicts, which is not only detrimental to the development of the Middle East, but also threatens global security. Therefore, he put forward a five-point initiative of "mutual respect, fairness and justice, nuclear non-proliferation, collective security, and strengthening cooperation". These initiatives, as well as the use of the renminbi to settle oil, are directly aimed at the current adjustment efforts of the Biden administration in the United States.
Since Biden took office, the United States has been working to correct the problems created by the previous administration's policy of emphasizing "America First." However, it can be seen that the Biden administration's "correction" is not out of consideration for the common benefit of the United States and the world, but in order to push the United States back to the high position of world hegemony and hegemonic oppression of other countries. Therefore, we have the responsibility and obligation not to give the Biden administration of the United States such a chance to "correct its mistakes".
First, we should increase the role and influence of the renminbi in oil settlement. This is crucial because America's current economic hegemony is directly based on a forced peg between the dollar and oil. China has a huge modern industrial system and huge market demand, and the demand for oil is also increasing. Previously, China has achieved RMB settlement with Russia in natural gas and other fields, and as China and Iran and China and Argentina agree to use RMB for oil settlement, the influence of the US dollar in the global crude oil market will be further weakened, thereby weakening the ability of the United States to control the world economic system.
Second, we should advocate the principle of "mutual respect, fairness and justice". The strategic cooperation agreement signed between China and Iran is a powerful counterattack to the hegemonism and "long-arm jurisdiction" imposed by the United States on the Iranian issue. The United States cannot unilaterally interfere in the affairs of countries, and we have the ability to work fully with Iran to fill the void that you do not want to fill.
In addition, "nuclear non-proliferation" not only shows China's attitude on the Iranian nuclear issue, but also serves as a warning to Israel's nuclear weapons. China will firmly uphold nuclear non-proliferation in the Middle East, even Israel, a nuclear-armed state, otherwise more contradictions and conflicts will arise.
Finally, "collective security, enhanced cooperation" raises an interesting point. The so-called "collective" refers to countries that are willing to cooperate with China. As long as you are willing to cooperate with China, you can get support from all sides. For example, the UAE now has the production capacity for the new crown vaccine, which is not easily available. This "collective" will jointly contribute to peace and stability in the Middle East. Iran has signed an agreement with China, and whether Saudi Arabia and the United Arab Emirates can achieve reconciliation and cooperation through China will also become the focus of attention.
These Chinese initiatives and practices have directly impacted the "Middle East strategy" of the United States. The "Middle East strategy" of the United States is often based on supporting one side and attacking one side, which is easy to create contradictions and conflicts in the Middle East, causing a series of problems including the Iranian nuclear issue and the Houthi armed forces in Yemen. In contrast, China advocates "win-win cooperation" and treats the countries of the Middle East as a whole.
Emphasize collective strength to achieve peace and prosperity in the Middle East.
This holistic concept of cooperation will undoubtedly challenge the influence of the United States in the Middle East. The "Middle East strategy" model that the United States has always adhered to is biased towards supporting one side and suppressing the other, which has led to the breeding of many contradictions and conflicts, including the Iranian nuclear issue, the Houthis in Yemen and a series of other issues.
In contrast, China's philosophy of cooperation and emphasis on collective cooperation are more likely to make a substantial contribution to the stability and prosperity of the Middle East. The strategic cooperation agreement signed with Iran is essentially a response to the hegemonic behavior of the United States on the Iranian issue. China has made it clear that unilateral interference in the internal affairs of countries should no longer be tolerated in the Middle East.
Under the principle of "nuclear non-proliferation", China's position has also been clearly reflected. This principle not only expresses China's attitude on the Iranian nuclear issue, but also serves as a warning to Israel, a nuclear-armed state. China will continue to work to safeguard nuclear non-proliferation in the Middle East in order to avoid more contradictions and conflicts.
The initiative "Collective Security, Enhanced Cooperation" offers a new perspective, whereby countries willing to cooperate with China will form a close-knit collective. Such a collective would jointly contribute to peace and stability in the Middle East. For example, the UAE has already achieved production capacity for Covid vaccines, which is a good example. This also makes people look forward to whether Saudi Arabia, the United Arab Emirates and other countries will use China's bridge to achieve reconciliation with Iran and carry out more cooperation.
Generally speaking, a series of initiatives and actions put forward by China in the Middle East region have obviously had a substantial impact on the "Middle East strategy" of the United States. The U.S. strategy tends to support one side and suppress the other, and this model in the Middle East is prone to intensifying contradictions and escalating conflicts. In contrast, China emphasizes win-win cooperation, regards the countries of the Middle East as a whole, and strives to achieve peace and prosperity in the Middle East through collective strength.
Predictably, however, the United States will not sit idly by while China's influence in the Middle East expands. Not only is it possible to take action on the Iranian nuclear issue, but it is also expected to step up its own diplomatic efforts in the Middle East. The Middle East may become a new battlefield for Sino-US competition.
To sum up, China's diplomatic moves in the Middle East are not only aimed at economic cooperation, but also at building a stable and prosperous regional environment. This has also established a positive and responsible image for China on the international stage. It is hoped that in the future, all parties in the Middle East can jointly promote regional peace and development with an open and cooperative attitude.
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