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China is all set to implement a strategic agreement with Iran, in a bid to strengthen economic and political cooperation between both the countries.
China-Iran Strategic agreement
$400 billion agreement
China and Iran signed a $400 billion agreement on March 27, 2021 by then Iranian Foreign Minister Javad Zarif and Wang. The agreement includes Economic & Cultural interaction between both the countries. It also opens up ways for Iran’s participation in Belt and Road initiative which is an infrastructure project running from East Asia to Europe. The project was launched with the aim of expanding China’s economic and political influence.
By: Brijesh Kumar ProfileResourcesReport error
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