Why it matters:
China and Iran are allied countries with extensive economic ties, with China being a key destination for Iranian imports and exports.
The big picture:
The close relationship between the two countries in both political and economic spheres has led Tehran and Beijing to adopt coordinated policies in international forums. Moreover, their mutual support for key positions over the years has further strengthened their bilateral relations.
What they're saying:
Iran's Madanizadeh emphasized the importance of developing multilateral cooperation by leveraging the capacity of the Shanghai Cooperation Organization (SCO). At the same time, the Chinese Ambassador announced new opportunities to deepen economic relations between the two countries.
The Chinese Ambassador, while stressing the importance of comprehensive cooperation between Iran and the China, highlighted China’s favorable economic growth in recent years. He noted that this progress has created more opportunities for expanding economic relations between Iran and China and that both sides will soon utilize this potential by establishing operational mechanisms.
Go deeper:
Deputy FM Emphasises Iran's Strategic Coordination With China and Russia
Hossein Amiri - seyed mohammad kazemi