🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

Rivals Iran and UAE to hold maritime security talks

Published 30/07/2019, 13:13
© Reuters.  Rivals Iran and UAE to hold maritime security talks

DUBAI (Reuters) - Iran was to revive maritime security talks on Tuesday with officials from traditional foe the United Arab Emirates (UAE) amid worsening frictions between the Islamic Republic and the West in the Gulf region, Iranian media reported.

The talks had been off since 2013, but the UAE wants to help calm the crisis and guard its reputation as a safe business hub.

"The 6th joint meeting will be held on Tuesday between a visiting seven-member delegation from the United Arab Emirates' coast guard and Iranian officials in Tehran," Iran's semi-official Students News Agency (ISNA) reported.

Without giving a source, ISNA said issues from shared borders, visits by citizens of each nation, illegal entries, and maritime connections would be discussed.

Officials in the UAE did not immediately respond to emailed requests by Reuters for comment.

Attacks on Saudi tankers and other vessels off the UAE coast in May increased tensions between the United States, Iran and Gulf Arab states. Washington and its Sunni Arab allies blamed Iran for the attacks, but Tehran denied that.

The UAE tempered its reaction to the attacks, and has also scaled back its military presence in Yemen, where Saudi Arabia is involved in a proxy war with Shi'ite Iran.

Iran has said it wants to improve relations with its regional Sunni rivals Saudi Arabia and the United Arab Emirates.

"Iran has always given extreme importance to the security of the Persian Gulf and it needs cooperation among all Persian Gulf states," said an Iranian official who asked not to be named.

Washington and Tehran are in a protracted standoff over Iran's nuclear and missile programs, and its regional influence.

Washington has imposed and tightened sanctions on Iran's oil exports after President Donald Trump pulled out of Iran's 2015 deal with major powers, under which Tehran got access to world trade in return for curbs on its nuclear programme.

Tehran has repeatedly warned it would block exports through the waterway if the United States tried to strangle its economy.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.