TNPSC Thervupettagam

Strategic cooperation pact

April 1 , 2021 1246 days 1003 0
  • Iran and China have signed a 25-year cooperation agreement to boost their bilateral relationship to the "level of strategic partnership".
  • The deal focuses on boosting private-sector collaboration and Iran's role in China's Belt and Road Initiative.
  • This comes as Iran continues to be under US sanctions.
  • USA had extensively curtailed its economic activities.
  • The deal was signed between Wang of China and his Iranian counterpart Javad Zarif.

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