Iranian President Hassan Rouhani (R) meets with Chinese President Xi Jinping in Tehran, Iran January 23, 2016.REUTERS/President.ir/Handout via Reuters
Reuters: Iran, China agree $600-billion trade deal after sanctions
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 U.N. 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 emerged from years of economic isolation this month when the United Nations' nuclear watchdog ruled it had curbed its nuclear program, clearing the way for the lifting of U.N., U.S., and European Union sanctions.
"Iran and China have agreed to increase trade to $600 billion in the next 10 years," Rouhani said at a news conference with Xi broadcast live on state television.
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Update #1: China, Iran Agree to Expand Trade to $600 Billion in a Decade (Bloomberg)
Update #2: Iran, China Agree To $600 Billion Trade Deal After Sanctions Lifted (RFE)
WNU Editor: I had to do a double-take on the $600 billion number (over 10 years)..
3 comments:
Xi makes a $600 billion trade deal with Iran.
Netanyahu declares Saudi Arabia an ally.
New silk road versus same old $h-+.
http://www.almasdarnews.com/article/israeli-pm-saudi-arabia-is-an-ally/
So we will soon have two Islamic theocracies who hate each other just a bit more than they hate everyone else with way too much money in their hands.
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