Home LATEST NEWS China, Iran start implementing strategic deal

China, Iran start implementing strategic deal

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China and Iran signed the deal in 2021 after years of negotiations. This major partnership must cover areas as varied as energy, security, infrastructure and communications.

Chinese Foreign Minister Wang Yi and his Iranian counterpart Hossein Amir-Abdollahian announced the start of its implementation during a meeting in Wuxi, east China, on Friday, the foreign ministry said. in Beijing in a statement.

Few details of this secret deal have been released, but the New York Times reported in 2020 that it would guarantee a steady oil supply for China, citing a draft of the deal.

Beijing is a top trading partner for Iran and was one of its biggest oil buyers before then-US President Donald Trump reimposed unilateral sanctions in 2018.

China has officially stopped importing oil from Iran, but analysts say Iranian crude continues to enter, officially as imports from other countries.

Mr. Wang assured Friday that China would continue to oppose illegal unilateral sanctions against Iran, according to the Ministry of Foreign Affairs.

Beijing has long sought to strengthen its ties with Tehran, with Chinese President Xi Jinping having described Iran as China’s main partner in the Middle East during a rare visit to the country in 2016.

Talks in Vienna

The meeting of the two ministers comes as talks continue in Vienna on a potential deal to end Tehran’s development of nuclear weapons.

A 2015 deal – reached between Iran, the United States, China, Russia, Britain, France and Germany – provided for sanctions relief in exchange for limiting Iran’s nuclear program.

But the United States pulled out of the deal in 2018, reimposing tough sanctions and pushing Tehran to renege on its commitments.

Talks to salvage the nuclear deal began in late November, following a hiatus in June when Iran elected a new ultra-conservative government.

China believes that the United States is responsible for the current state of the agreement, Minister Wang told his Iranian counterpart, according to the statement.

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