China H IranThe two, subject to US sanctions, signed a 25-year cooperation agreement in Tehran on Saturday.
China agreed to invest $ 400 billion in the Iranian economy during that time period in exchange for steady and very reduced supplies of oil from the country.And the According to a draft From the agreement obtained by The New York Times.
“The relations between the two countries have now reached the level of strategic partnership, and China is endeavoring to comprehensively improve relations with Iran,” said Chinese Foreign Minister Wang Yi.
“Our relations with Iran will only be affected by the current situation,” he added It will be durable and strategic“.
Iran has become increasingly dependent on China, which has allowed it to have a rare economic lifeline amid tough U.S. sanctions.
The agreement could deepen China’s influence in the Middle East and undermine the efforts being made United State To keep Iran isolated by the unresolved row over Tehran’s nuclear program.
In January, Iran’s leaders indicated their willingness to conclude a nuclear deal with the Biden administration.
But Biden said last month that Iran must first stop enriching uranium above levels set by the 2015 nuclear deal before countries can revive the deal.