Iran & China Sign Massive $400BN 25-Year Oil Infrastructure Deal

Iranian President Hassan Rouhani meets with Chinese Foreign Minister Wang Yi, in Tehran, Iran, March 27, 2021. © REUTERS
Reuters: Iran and China sign 25-year cooperation agreement
DUBAI (Reuters) -China and Iran, both subject to U.S. sanctions, signed a 25-year cooperation agreement on Saturday to strengthen their long-standing economic and political alliance.
“Relations between the two countries have now reached the level of strategic partnership and China seeks to comprehensively improve relations with Iran,” Chinese Foreign Minister Wang Yi was quoted by Iran’s state media as telling his Iranian counterpart Mohammad Javad Zarif.
“Our relations with Iran will not be affected by the current situation, but will be permanent and strategic,” Wang said ahead of the televised signing ceremony.
WNU editor: China is definitely leveraging its financial strengths in the Middle East …. China shows it too can play rough in the Middle East (Asia Times).
More News On Iran & China Signing A Massive $400BN 25-Year Infrastructure Investment For Oil
China and Iran sign 25-year strategic cooperation agreement — France 24
Iran, China sign 'strategic' deal in Tehran — DW
Iran and China sign 25-year cooperation agreement — ABC News (Australia)
China, With $400 Billion Iran Deal, Could Deepen Influence in Mideast — DNYUZ
Iran and China sign 25-year cooperation agreement — Al Jazeera
Iran, China sign 25-year cooperation agreement –– Axios
Iran & China Sign Massive 25-Year Deal: $400BN Chinese Infrastructure Investment For Oil –– Zero HedgeOriginal Article

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