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Backgrounder.Raeisi acknowledged the immense internal challenges he faces, in terms of putting the Iranian economy back on track, getting rid of the neoliberal drive of outgoing Team Rouhani, and fighting widespread corruption. The fact that election turnout was only 48.7%, compared to the average 70% in the prior three presidential contests will make it even more difficult.Yet in foreign policy Iran’s path ahead is unmistakable, centered on the “Look East” strategy, which means closer cooperation with China and Russia, with Iran developing as a key node of Eurasian integration or, according to the Russian vision, the Greater Eurasia Partnership.As Professor Mohammad Marandi of the University of Tehran told me “there’s going to the a tilt eastward, and to the Global South. Iran will
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Backgrounder.Backgrounder.Raeisi acknowledged the immense internal challenges he faces, in terms of putting the Iranian economy back on track, getting rid of the neoliberal drive of outgoing Team Rouhani, and fighting widespread corruption. The fact that election turnout was only 48.7%, compared to the average 70% in the prior three presidential contests will make it even more difficult.Yet in foreign policy Iran’s path ahead is unmistakable, centered on the “Look East” strategy, which means closer cooperation with China and Russia, with Iran developing as a key node of Eurasian integration or, according to the Russian vision, the Greater Eurasia Partnership.As Professor Mohammad Marandi of the University of Tehran told me “there’s going to the a tilt eastward, and to the Global South. Iran will
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Zero HedgeRaeisi acknowledged the immense internal challenges he faces, in terms of putting the Iranian economy back on track, getting rid of the neoliberal drive of outgoing Team Rouhani, and fighting widespread corruption. The fact that election turnout was only 48.7%, compared to the average 70% in the prior three presidential contests will make it even more difficult.Yet in foreign policy Iran’s path ahead is unmistakable, centered on the “Look East” strategy, which means closer cooperation with China and Russia, with Iran developing as a key node of Eurasian integration or, according to the Russian vision, the Greater Eurasia Partnership.As Professor Mohammad Marandi of the University of Tehran told me “there’s going to the a tilt eastward, and to the Global South. Iran will improve relations with China and Russia, also because of US pressure and sanctions. President-elect Raeisi will be better positioned to strengthen these ties than the outgoing administration.”Marandi added, “Iran won’t intentionally hurt the nuclear deal if the Americans – and the Europeans – move towards full implementation. The Iranians will reciprocate. Neighbors and regional countries will also be a priority. So Iran will no longer be waiting for the West.”...
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