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[2021.03] China Iran signed a 25-year comprehensive strategic partnership agreement

Iran, China sign huge 25-year strategic deal; could reduce US regional influence

The New York Times reported that China will invest some $400 billion in Iran in exchange for oil as part of the deal. The two countries will also step up military cooperation with joint training, research and intelligence sharing, the report said.

3 thoughts on “[2021.03] China Iran signed a 25-year comprehensive strategic partnership agreement

  1. TEHRAN — Iran and China on Saturday signed a 25-year strategic cooperation agreement addressing economic issues amid crippling US sanctions on Tehran, according to Iranian state media.

    The agreement, dubbed the Comprehensive Strategic Partnership, covers a variety of economic activity from oil and mining to promoting industrial activity in Iran, as well as transportation and agricultural collaborations, according to the report.

    No additional details of the agreement were revealed as Iran’s Foreign Minister Mohammad Javad Zarif and Chinese counterpart Wang Yi took part in a ceremony marking the event.

    The New York Times reported that China will invest some $400 billion in Iran in exchange for oil as part of the deal. The two countries will also step up military cooperation with joint training, research and intelligence sharing, the report said.

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