Nuclear Issues

"The weakening of the EU's role as an independent and mediatory player in the nuclear talks, however, beyond economic losses, could bring negative strategic and political consequences for the EU's status in the entire Middle East, which could in turn damage the region's interests. The new economic sanctions will preclude the opportunity of investment by the EU in Iran's gas and oil sectors, thus decreasing trade and commerce between the two—a shift of policy that provoked a sharp rise in China's activities in those sectors."

"...if China continues to prioritise friendly commercial relations with North Korea and Iran, it will threaten its own long-term security. A chronically proliferating North Korea would provoke Japan to reassess the need for a nuclear deterrent, while a nuclear-armed Iran could destabilise the Gulf and global energy markets. Crafting an approach that includes a sustained US-China engagement to clarify each side's intent, provides for China's energy security and maintains a focus on the threat of nuclear proliferation in North Korea and Iran is more likely to achieve our shared non-proliferation goals."