China and Iran to Sign a 25-Year Agreement


TEHERAN – Minister of Foreign Affairs (Foreign Minister) China Wang Yi arrives at Iran on Friday for a visit that Iranian state media said would see the signing of a 25-year cooperation agreement between the two countries.

Currently both are under sanctions from the United States (US).

The deal, whose final details have not been announced, is expected to cover Chinese investment in Iran’s energy and infrastructure sectors.

Also read: Four people die in Bangladesh during protests against Modi’s visit

In 2016, China, Iran’s biggest trading partner and longtime ally, agreed to increase bilateral trade more than 10-fold to $ 600 billion in the next decade.

Also read: Amphibious vehicle sinks during exercise, 9 US Marines killed

“The signing of the comprehensive cooperation program of the Islamic Republic of Iran and the People’s Republic of China by the foreign ministers of the two countries is another program from this two -day trip,” the news agency reported. IRNA.

Check out the infographic: Blunder, US F-35 stealth jet was hit by its own bullet



Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.