The US pressed sanctions on Iran and Russia severely affecting the economies of both countries. China has been their ally and regularly initiates trade deals to keep their economy afloat. From procuring oil to natural resources and minerals, the Communist country has provided a steady source of business worth billions. However, the sanctions are making it harder for Iran and Russia to lift their economies and their GDP is affected.

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US Sanctions Must End: Demands China, Russia, and Iran

China, Russia, and Iran held a trilateral meeting in Beijing and called for an end to US sanctions on Tehran. They called the White House’s order “illegal, unilateral sanctions” that have no place in modern times. “We conducted in-depth exchanges of views on the nuclear issue and the lifting of sanctions. We emphasized the necessity of ending all illegal unilateral sanctions,” said Chinese Deputy Foreign Minister Ma Zhaoxu.

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“The relevant parties should work to eliminate the root causes of the current situation and abandon sanctions, pressure, and threats of the use of force,” he said targeting the US. Trump is not ready to negotiate with Iran and aims to keep the sanctions on the rouge country. Therefore, talks could fall out as the President is disinterested in holding negotiations with Tehran.

“I don’t think there’s any likelihood the Trump administration is going to drop sanctions against Iran,” said Richard Nephew, the lead sanctions expert for the US negotiating team. “At the end of the day, that’s a concession for a talk, as opposed to a concession for actual action.”

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If the US does not end sanctions, the move would force them to look at alternative payment options. China is already making the most out of the situation by procuring Russian and Iranian oil at discounted rates. The development is benefiting China and other countries that are able to buy oil and cheaper prices.