by A2
Meanwhile the PRC and Iran signed a comprehensive strategic partnership in 2016. recently updated and will include:
China will invest $280bn developing Iran’s oil, gas and petrochemicals sectors
may be front-loaded into the first five-year period of the deal
with further amounts available in every subsequent five-year period
will be another $120bn investment in upgrading Iran’s transport and manufacturing infrastructure
Chinese companies will be given the first refusal to bid on any new, stalled or uncompleted oil and gasfield developments
Chinese firms will also have first refusal on opportunities to become involved with any and all petchems projects in Iran
Wow.
And, much more here at the link
US response,
Secretary Pompeo
@SecPompeo
For the 1st time, the US has sanctioned Iran’s civilian space agency, which develops the same space launch vehicle technology used in ballistic missiles. We call on our allies to join us in deterring the world’s top sponsor of terrorism from growing its ballistic missile program.