China to invest $400 Billion in Iran

TRUMP'S MISTAKES

-Policymakers in the U.S are slowly beginning to speak about

the Iran blunder of Donald Trump

-The Iran Nuclear deal under Barack Obama should have

stayed as it was the best possible option at that time.

CHINA STEPS IN

-China Establishes $400bln Credit Line for

Trade with Iran

-TEHRAN (Tasnim)-A$400 billion credit line has been launched for

trade between Iran and China an Iranian official announced.

CHINA'S INTERESTS IN IRAN

- As a senior Chinese official put it recently, China and Iran are

"comprehensive strategic partners" when it comes to energy

- China recently agreed to invest some $400 billion in Iran's oil

and gas, petrochemicals, transport and energy-related

manufacturing sectors over the next 25 years.

- This adds substance to the much reported China-Iranian

investment deals signed in 2016. Now we know what is at

stake for Chinese money there.

 China will invest $280 billion developing Iran's oil, gas

and petrochemicals sectors.

Another $120 billion will go into upgrading

Iran's transport and manufacturing

infrastructure.