Iran and China sign $4b in deals
TEHERAN Iran and China on Saturday signed a series of agreements worth $4 billion (2.8 billion) for infrastructure projects as part of a broader bid to boost trade volume between the two nations, Iranian state media reported. As part of a $500 million (€354 million) deal, China agreed to provide Iran with 60 energy recovery incinerators, which are to be installed within a year in major cities and in Iran’s northern tourism hub along the Caspian sea. The bilateral agreements span cooperation in water, mining, energy and industrial sectors ...
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