Malaysia is helping Iran evade US economic sanctions, intelligence sources claim
April 26, 2019 1 Comment
Citing “Western intelligence officials”, Israeli newspaper Haaretz said on Thursday that a deepening alliance between Malaysia and Iran is expected to enable Tehran evade some of the economic sanctions imposed on it by the United States. In the past, every time Washington has imposed economic sanctions on Iran, it has issued renewable waivers for a number of countries whose economies have historically depended on substantial Iranian energy imports. This is done in order to prevent these economies from entering a recession due to lack of access to sufficient energy supplies. This week, however, US President Donald Trump said that Washington would not renew waivers for these countries, which include Italy, India, Turkey, South Korea and China. These waivers are now expected to run out on May 2, 2019, after which date the US has threatened to impose economic sanction on all countries that have substantial financial dealings with Tehran.
Many observers believe that these new sanctions will have a deep and immediate impact on the Iranian economy. But, according to Haaretz, the American sanctions are bringing Iran closer to Malaysia. Throughout the past month, says the Israeli newspaper, “atypical numbers” of oil tankers have been sailing between the two countries —a sign of trying to move as much oil as possible out of Iran before the US sanctions hit. Citing “Western intelligence officials”, Haaretz claims that Iran plans to continue to funnel funds from oil and natural gas sales through Malaysian banks. Much of that assistance, which sources claim will grow in the next month, is facilitated through Petronas, Malaysia’s state-owned oil company. As one of the world’s largest companies and the most powerful corporate entity in Malaysia, Petronas has immense political power. Much of the country’s political elite connected with Petronas —including the country’s current Prime Minister, Mahathir Mohamad, who was a senior advisor to the company in the early 2000s. In 2017, Petronas signed a cooperation agreement with an Iranian refinery facility and announced its intention to develop an emerging oilfield in the Middle Eastern country. Then in late 2018, Petronas officials traveled to Iran to sign a memorandum of understanding on mutual cooperation between the Malaysian company and Iran’s state-owned energy producer and distributor, the National Iranian Oil Company.
Haaretz notes that cultural and political ties between Malaysia and Iran run deep. The Southeast Asian country is one of a handful of nations that allow Iranians to visit without first having to obtain a visa. If fails to note, however, that in recent times there have been tensions between the two countries, due to concerns in Kuala Lumpur that Iran is trying to spread a militant version of Shia Islam in Malaysia.
► Author: Joseph Fitsanakis | Date: 26 April 2019 | Permalink
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Analysis: Sri Lanka attacks may indicate ISIS is moving east, say experts
April 29, 2019 by intelNews 2 Comments
But the Sri Lanka attacks may also demonstrate that the Islamic State is moving further east in search of either territory to conquer or new groups of committed fighters to incorporate into its
ranks. It follows that Sri Lanka is one of several East Asian countries that face major threats by the group, as the latter tries “to ignite creating fear in societies already battling so much division”, says Ash Gallagher, an American war correspondent based in East Asia. Writing for the British newspaper The Independent, Gallagher notes that not only is the Islamic State already established in Afghanistan (where it has “swallowed whole units of Taliban fighters”, according to The Times), but it is becoming increasingly powerful in the Philippines. Experts have been warning for a while that the number of foreign Islamic State fighters entering the Philippines has been growing, and the momentum they generate among local Islamist groups may prompt them to declare a new caliphate in the near future. In fact, a caliphate was declared there in May 2017 by local Islamist leaders who had previously declared their allegiance to the Islamic State. By October, government forces had defeated the so-called “East Asia Wilayah”, a self-declared overseas province of the Islamic State, by retaking Marawi, the capital city of Mindanao’s Lanao del Sur province, from Islamic State rebels. The military operation became known as “the battle of Marawi” and is thought to have been the longest urban battle in the postwar history of the Philippines. More than 1,200 people died in the five-month battle, most of them civilians. Hundreds of thousands remain displaced to this day as a result of the fighting. Read more of this post
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