Shamkhani says China-Iran cooperation agreement "strategic victory"

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The Secretary of Iran's Supreme National Security Council Ali Shamkhani revealed that the implementation of a comprehensive strategic cooperation agreement between Iran and China for the next 25 years is a strategic success for Tehran.

Shamkhani tweeted that the agreement with the second-largest economy in the world is entering in full force, and is a strategic success for Tehran, while the United States continues its unilateral policies and exerts maximum pressure on Iran and seeks to deprive it of economic interaction with the world.

Days ago, Iranian Foreign Minister Hossein Amir-Abdollahian announced that the comprehensive strategic cooperation agreement between Iran and China has entered into force.

The Chinese FM had visited Tehran in April to sign the comprehensive Iran-China cooperation deal.

The two foreign ministers also met by video conference in November and discussed the positive changes in the relationship between Iran and China in the past months.

The two countries are strengthening cooperation as both are rapidly progressing in their respective chief economic markets. 

The comprehensive strategic cooperation agreement between Iran and China was signed on March 27, 2021, in Tehran.

It is noteworthy that the agreement contains terms of cooperation in all economic sectors; Industrial, agriculture, tourism, commercial, security, military, and credit exchanges. It also includes the exchange of experiences in manpower training, technological cooperation, as well as military cooperation to enhance strategic capabilities, and consultation on issues raised in international forums.

The main terms in the agreement include China's continuous import of Iranian crude oil, developing multi-faceted transportation, including rail networks, highways, and land, sea, and air routes.

The document proposes the establishment of a joint project to facilitate the trade of goods between the two countries, opening branches or representative offices of Iranian banks in the Chinese special economic zones, and the establishment of a joint Chinese-Iranian bank.