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Iran and China agree to expand ties

Saturday, January 23, 2016 - 01:24

The presidents of Iran and China sign agreements to cooperate on nuclear energy and a revival of the ancient Silk Road trade route during a meeting in Iran. Diane Hodges reports.

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Iran and China have agreed to expand strategic ties and increase trade between the two countries to $600 billion over the next 10 years. The announcement comes during a visit by Chinese President Xi Jinping (SHEE JEEN-PEENG) to Tehran. SOUNDBITE (CHINESE), CHINA PRESIDENT, XI JINPING: "We have had honest and fruitful negotiations with President Rouhani, both on the issue of bilateral relations and issues of mutual interest. We exchanged opinions frankly, and as President Rouhani said, we have reached expanded agreements." Iranian President Hassan Rouhani says the two leaders also discussed ways to increase security in the region. SOUNDBITE (Farsi) IRANIAN PRESIDENT, HASSAN ROUHANI, SAYING: "The issue of terrorism, the fight against extremism and violence, the conflicts that the region has been shackled with, were among the other issues under emphasis and bilateral discussion." Iran and China signed a total of 17 accords, including agreements to cooperate on nuclear energy and a revival of the ancient Silk Road trade route. The deal comes as Iran emerges from years of economic isolation after the United Nations' nuclear watchdog ruled this month it had curbed its nuclear program, clearing the way for the lifting of economic sanctions against the country.

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Iran and China agree to expand ties

Saturday, January 23, 2016 - 01:24