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Iran, China sign 25-year cooperation accord
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Iran, China sign 25-year cooperation accord

In 2016, China, one of Iran’s largest trading partners and long-time ally, agreed to boost bilateral trade by more than 10 times to $600 billion in the next decade.

International

In 2016, China, one of Iran’s largest trading partners and long-time ally, agreed to boost bilateral trade by more than 10 times to $600 billion in the next decade.

The Chinese and Iranian foreign ministers on Saturday signed a 25-year cooperation agreement between the two allies in a ceremony carried live on state television.

"Relations between the two countries have now reached the level of strategic partnership and China seeks to comprehensively improve relations with Iran," China's Foreign Minister Wang Yi was quoted by Iran's state media as telling his Iranian counterpart Mohammad Javad Zarif.

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"Our relations with Iran will not be affected by the current situation, but will be permanent and strategic," Chinese Foreign Minister Wang Yi was earlier quoted by Iranian news agencies as saying.