It is functionally a well written and presented ‘choose your adventure’ political drama.
There are elements of randomness and gameplay systems, but it is not really a grand strategy game with a whole extremely complex simulation engine undergirding it, the way Paradox games are.
I would say that it does count as a strategy game in the sense that navigating toward outcomes you want does take a good bit of understanding how power politics works within basically the Cold War era, particularly from the standpoint of a non aligned nation.
Maybe you could say its like the Paradox games, if they stripped most of the numbers mechanics, made them less complex and not the focus, and were left with mainly narrative events and focus trees, but those were done in great detail.
Note
I played this game basically right when it came out, several years ago, and it may have changed since.