The Anglo-Persian Agreement was a document involving Great Britain and Persia (Iran) and centered around drilling rights of the Anglo-Persian Oil Company. It was never ratified by the Majlis. This "agreement" was issued by British Foreign Secretary Earl Curzon to the Persian government in August 1919. It stated a guarantee of British access to Iranian oil fields (including five northern provinces formerly under the Russian sphere of influence). In return the British would:
- Supply munitions and equipment for a British-trained army
- Provide a 2 million sterling loan for "necessary reforms"
- Revise the Customs tariff
- Survey and build railroads
The document was denounced worldwide as hegemonic, especially in the United States, which also had designs on accessing Iranian oil fields. Eventually, the Anglo-Persian agreement was formally denounced by the Iranian Parliament (Majlis) on June 22, 1921.
Famous quotes containing the word agreement:
“No one can doubt, that the convention for the distinction of property, and for the stability of possession, is of all circumstances the most necessary to the establishment of human society, and that after the agreement for the fixing and observing of this rule, there remains little or nothing to be done towards settling a perfect harmony and concord.”
—David Hume (1711–1776)