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Iran, China sign new cooperation agreement  

The Chinese and Iranian foreign ministers on Saturday signed a 25-year cooperation agreement between the two allies in a ceremony carried live on state television, Report informs, citing Reuters.

“Our relations with Iran will not be affected by the current situation, but will be permanent and strategic,” Chinese Foreign Minister Wang Yi was earlier quoted by Iranian news agencies as saying.

“Iran decides independently on its relations with other countries and is not like some countries that change their position with one phone call.”

Wang met President Hassan Rouhani ahead of the signing of the agreement, which is expected to include Chinese investments in key sectors such as energy and infrastructure.

Saeed Khatibzadeh, an Iranian foreign ministry spokesman, said the document was a “roadmap” for trade, economic, and transportation cooperation, with a “special focus on the private sectors of the two sides.”

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