US warns allies of potential isolation from deals over links to Iran, Russia
The administration of US President Joe Biden has warned that Washington’s allies will face a “reputation risk” and potential isolation from lucrative deals in case of having links to the Islamic Republic of Iran and Russia.
Brian Nelson, the Treasury’s undersecretary for Terrorism and Financial Intelligence, raised the alarm in a meeting with Kenya’s President William Ruto on Friday.
He claimed that Iran and Russia were “isolated economically.”
“What we see is again of course Iran and Russia are isolated economically and either they are looking for partners and they are looking for new channels to have economic relationships,” Nelson claimed.
“From our perspective, that potentially creates a reputation risk and creates also a financial risk such that we are having a direct conversation about those risks that are associated with the expansion of economic relationship, which is a conversation not only are we having here but with countries around the world and we know that clearly is what Russia and Iran are seeking,” he added.
In what is construed as Washington’s direct interference in its allies’ affairs, Nelson warned them to be wary of the two countries’ economic reputation.
The warning comes as Iranian President Ebrahim Raeisi embarked on an African tour earlier in the month, which took him to Kenya, Uganda and Zimbabwe at the official invitation of his counterparts from the three host countries.
Heading a high-ranking delegation, Raeisi forged new alliances and discussed possible avenues for the improvement of trade and political ties.
Raeisi stressed the need for enhancing relations with African countries, saying that the states are gifted with abundant natural resources and mines, and enjoy many potentials and areas for closer cooperation.
Iranian Foreign Ministry spokesman Nasser Kana’ani described Raeisi’s continental tour as “a new turning point” which could bolster economic and trade ties with African nations.
A total of 21 documents on cooperation in different areas were signed during the three-state tour to Africa.
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