CHINA-IRAN

 During his visit to Iran in the course of his tour of three Middle Eastern countries, Chinese President Xi Jinping announced US$ 55 billion in aid and gave a speech to the Arab League in which he vowed not to seek proxies, a thinly veiled jab at U.S. history in the region. In Iran, Xi Jinping signed a strategic partnership that covers military and security cooperation. The main acheivements during the visit were:

i) China gave Iran a 25-year strategic cooperation plan, committing to increase two-way trade to $600 billion over the next decade.
(Comment: Flows between the two countries stood at some $54 billion in 2014, before the plunge in oil prices.)
ii) Xi Jinping and his Iranian counterpart Hassan Rouhani emphasized the two millennia of history between their two cultures, paving the way for building a "New Silk Road" of highways, railways, ports and pipelines across the present day Middle East.
iii) Iranian Supreme Leader Ayatollah Ali Khamenei reciprocated, thanking China for its "enduring support" and assuring Xi that “Iranians had never trusted the West.”
iv) China and Iran pledged to increase security ties.
v) The two sides agreed to increase military exchanges and coordination. 
vi) China and Iran agreed on greater collaboration in fighting terrorism and cybercrime, including training, technology and intelligence-sharing. 
vii) China supported Iran’s application for full membership in the China-led regional security framework, the Shanghai Cooperation Organization.
 






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