China and Iran launch strategic cooperation agreement

January 15, 2022

China, opposed to Washington’s sanctions against Tehran, announced on Saturday the start of the implementation of a strategic agreement with Iran, which strengthens economic and political cooperation between the two countries.

Chinese Foreign Minister Wang Yi and his Iranian counterpart Hossein Amir-Abdollahian announced the start of implementation of the deal at a meeting in east China’s Wuxi on Friday, the foreign ministry in Beijing said. it’s a statement.

After years of negotiations, China and Iran signed that agreement in 2021, which includes energy, security, infrastructure and communications issues.

Few details of this collaboration have emerged, but the New York Times reported in 2020 that it would ensure regular oil supplies for China, citing a draft agreement.

China is Iran’s number one trading partner and was one of its biggest oil buyers before then-US President Donald Trump reimposed unilateral sanctions in 2018.

Officially, China stopped importing oil to Iran, but analysts say that Iranian crude continues to enter, in the form of imports from other countries.

Wang declared on Friday that China would continue to “oppose illegal unilateral sanctions against Iran,” according to the foreign ministry.

Beijing has long sought to strengthen its ties with Tehran. Chinese President Xi Jinping called the Islamic Republic “China’s main partner in the Middle East” in a rare visit to the country in 2016.