Iran, China agree $600-billion trade deal after sanctions
DUBAI - Iran and China agreed to expand bilateral ties and increase trade to $600 billion in the next 10 years, President Hassan Rouhani said on Saturday during a visit to Tehran by Chinese President Xi Jinping.
Xi is the second leader of a UN Security Council member to visit Tehran after the nuclear deal Iran struck with world powers last year. Russian President Vladimir Putin visited Tehran in November.
"Iran and China have agreed on forming strategic relations (as) reflected in a 25-year comprehensive document," he said.
Iran and China signed 17 accords on Saturday, including on cooperation in nuclear energy and a revival of the ancient Silk Road trade route, known in China as One Belt, One Road.
