- On the evening of June 24, Pakistan's Deputy Prime Minister and Foreign Minister Dar spoke with China's Foreign Minister Wang Yi, officially informing him of the latest progress in the new phase of negotiations between Iran and the United States.
- Pakistan played a crucial and unique role in the peace mediation process during the signing of the memorandum of understanding between the US and Iran, which China firmly supports and is willing to maintain close coordination.
- China proposed three key directions for the next phase of diplomatic advancement, focusing on consolidating the ceasefire, restoring normal navigation in the Strait of Hormuz, and building a new security framework in the Middle East.
Breakthrough in Mediation Diplomacy
The call between the foreign ministers of China and Pakistan focused on the marginal changes in the new phase of US-Iran negotiations. As an important geopolitical intermediary in the Middle East and South Asia, Pakistan played a key mediating role in the process of the US and Iran reaching a memorandum of understanding. Chinese Foreign Minister Wang Yi pointed out that the signing of the memorandum by Iran and the US is the result of joint efforts by the international community, but the peace process has just begun, and subsequent negotiations still face twists and uncertainties. Pakistan promptly informed China of the situation, demonstrating the efficiency of strategic coordination between China and Pakistan.
Consolidating Ceasefire and Negotiation Sustainability
Regarding the next stage of diplomatic paths, China emphasized that the primary task is to consolidate the comprehensive ceasefire. Due to the complex geopolitical interests, eliminating external interference becomes the core variable for the advancement of negotiations. China stated that the memorandum between Iran and the US aligns with the fundamental and long-term interests of all parties, and if core interests can be safeguarded, the geopolitical conflict premium is expected to further diminish. China will unite with like-minded countries to support the negotiations moving into deeper waters, preventing the resurgence of conflict.
Navigation in the Strait of Hormuz and Global Supply Chains
On the economic and trade front, China clearly pointed out that normal navigation in the Strait of Hormuz should be restored as soon as possible to ensure the stability of global supply chains. As a critical chokepoint for global energy transportation, the security of passage through the Strait directly affects the pricing logic of commodity markets. The arrangements for the Strait mentioned in the foreign ministers' call need to respect the sovereignty and legitimate rights of the coastal countries and must comply with international norms. If the logistics risk premium of the Strait is reduced, the pressure on the global energy supply chain will be significantly alleviated.
Reshaping the Security Architecture in the Middle East
In the long term, China supports Middle Eastern countries in exploring a new regional security architecture to achieve true strategic autonomy. Wang Yi pointed out that the Persian Gulf and the Middle East should not become arenas for great power rivalry. Improving relations among regional countries and promoting multilateral security dialogues will help return the region's development destiny to the hands of regional countries. This reshaping of the geopolitical landscape may change the global capital's risk pricing of Middle Eastern assets in the medium to long term.
