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China and Iran Sign 25-Year ‘Strategic Pact’

  • IASbaba
  • March 30, 2021
  • 0
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China and Iran Sign 25-Year ‘Strategic Pact’

Part of: GS Prelims and GS – II – International Relations 

In news

  • China and Iran signed a 25-year “strategic cooperation pact” recently. 

Key takeaways 

  • It includes “political, strategic and economic” components.
  • This document can be very effective in deepening relations
  • It would establish a blueprint for “reciprocal investments in the fields of transport, ports, energy, industry and services”.
  • The agreement comes amid a major push from China to back Iran as it deals with the continuing weight of sanctions
  • China is its largest trading partner. 

Do you know? 

  • China and Russia called for the U.S. to “unconditionally return to the Joint Comprehensive Plan of Action (JCPOA) as soon as possible and revoke the unilateral sanctions against Iran.
  • In this context, they proposed “the establishment of a regional security dialogue platform to converge a new consensus on resolving the security concerns of countries in the region”.

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