Iran and China ink 25-year trade cooperation deal

Jon Levine

featured

Mar 27, 2021

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Iranian Foreign Minister Mohammad Javad Zarif (right) and Wang Yi pose after signing a 25-year strategic cooperation agreement in Tehran, Iran on March 27, 2021. Iranian Foreign Minister Mohammad Javad Zarif (right) and Wang Yi pose after signing a 25-year strategic cooperation agreement in Tehran, Iran on March 27, 2021. — Iranian Foreign Minister Mohammad Javad Zarif (right) and Wang Yi pose after signing a 25-year strategic cooperation agreement in Tehran, Iran on March 27, 2021. AP Photo/Ebrahim Noroozi

Iranian Foreign Minister Mohammad Javad Zarif (right) and his Chinese counterpart Wang Yi bump elbows at the start of their meeting in Tehran, Iran on March 27, 2021. AP Photo/Ebrahim Noroozi

Iranian foreign minister Mohammad Javad Zarif (right) and Chinese foreign minister Wang Yi (left) sign a 25-year strategic cooperation agreement in Tehran, Iran on March 27, 2021. EPA/ABEDIN TAHERKENAREH

A meeting is held before Iran and China's foreign ministers sign a 25-year strategic cooperation agreement in Tehran, Iran on March 27, 2021. AP Photo/Ebrahim Noroozi

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Iran and China have inked a longterm accord.

The 25-year “Comprehensive Strategic Partnership” is wide ranging and said to cover oil, mining, transportation, agriculture and industrial development.

The deal was formalized in a ceremony in Tehran on Saturday attended by Iranian Foreign Minister Mohammad Javad Zarif and his Chinese counterpart Wang Yi.

“Relations between the two countries have now reached the level of strategic partnership and China seeks to comprehensively improve relations with Iran,” Wang said in a statement, according to Reuters. “Our relations with Iran will not be affected by the current situation, but will be permanent and strategic.”

A return to crippling sanctions during the Trump administration has forced Iran to seek out other international partners for development. The United States under President Biden is keenly interested in re-engaging Iran, something their new partnership with Beijing may complicate.

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Iranian Foreign Minister Mohammad Javad Zarif (right) and Chinese counterpart Wang Yi bump elbows after signing a 25-year strategic cooperation agreement in Tehran, Iran on March 27, 2021. AP Photo/Ebrahim Noroozi

Chinese Foreign Minister Wang Yi signs a 25-year strategic cooperation agreement in Tehran, Iran on March 27, 2021. — Chinese Foreign Minister Wang Yi signs a 25-year strategic cooperation agreement in Tehran, Iran, on March 27, 2021. AP Photo/Ebrahim Noroozi

Iranian Foreign Minister Mohammad Javad Zarif signs a 25-year strategic cooperation agreement in Tehran, Iran on March 27, 2021. AP Photo/Ebrahim Noroozi

With Post wires

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