Iran and China sigh 25-year cooperation pact

Iran and China sigh 25-year cooperation pact

Iran and China signed a controversial long-term bilateral deal during a ceremony in Tehran on March 27, Radio Free Europe informs.  The details of the agreement have not been disclosed, but it is believed to include Chinese investments in Iran’s energy and infrastructure sectors.

China is Iran's top trading partner and a key market for Iranian crude exports, which have been severely curtailed by U.S. sanctions.

According to Radio Free Europe, the deal was signed by Iranian Foreign Minister Mohammad Javad Zarif and his Chinese counterpart, Wang Yi, who arrived in Tehran a day earlier. State television described the agreement as a "25-year strategic cooperation pact."

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