Iran and China signed a 25-year Strategic Cooperation Pact.
China And Iran Sign 25-Year Strategic Pact
30 March 2021 Current Affairs:Iran and China signed a 25-year Strategic Cooperation Pact.
♦ It includes the “political, strategic and economic” components.
♦ This document is very effective for deepening relationships
♦ A blueprint will be established for “mutual investment in transportation, ports, energy, industry and services.”
♦ The agreement was reached at the same time that China strongly supports Iran because it involves the continuing impact of sanctions
♦ China is its largest trading partner.