China, Iran begin implementation of broad strategic deal signed last year

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Title : China, Iran begin implementation of broad strategic deal signed last year
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BEIJING — China said Saturday it would begin implementing a strategic agreement with Iran, strengthening economic and political cooperation between the two countries as Beijing blasted Washington’s sanctions on Tehran.

China and Iran

China and Iran signed the agreement last year after years of talks, with the wide-ranging partnership set to span areas including energy, security, infrastructure, and communications.

Chinese foreign minister Wang Yi and Iranian counterpart Hossein Amir-Abdollahian announced the start of the partnership’s implementation at a meeting in east China’s Wuxi on Friday, Beijing’s foreign ministry said in a statement.

Few details of the secretive deal have been published, but The New York Times reported in 2020 that it would secure a regular supply of oil for China, citing a draft of the agreement leaked to the paper.

China is Iran’s leading trade partner and was one of the biggest buyers of the country’s oil before then-United States president Donald Trump reimposed sweeping unilateral sanctions in 2018. READ MORE

China, Iran begin implementation of broad strategic deal signed last year

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China, Iran begin implementation of broad strategic deal signed last year

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