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→Iran
==Iran==
==Iran==
On March 27, 2021 China and Iran signed a comprehensive strategic 25-year partnership agreement on economic and security cooperation.<ref>https://www.gatestoneinstitute.org/17229/china-iran-challenge</ref> Iran will receive $400 billion in Chinese investments over the next 25 years in key Iranian economic sectors, including energy, telecommunications, defense, infrastructure, banking, petrochemicals, railways and ports. There will be also an expansion of military assistance, training and intelligence-sharing. Nearly 100 projects are under consideration. In return, Iran will commit to providing regular and heavily discounted oil, gas and possibly other natural resources to China.
[[File:New Silk Road.PNG|right|300px|thumb|Iran is a key Eurasian transport hub of railway transport to [[the West]].]]
On March 27, 2021 China and [[Iran]] signed a comprehensive strategic 25-year partnership agreement on economic and security cooperation.<ref>https://www.gatestoneinstitute.org/17229/china-iran-challenge</ref> Iran will receive $400 billion in Chinese investments over the next 25 years in key Iranian economic sectors, including energy, telecommunications, defense, infrastructure, banking, petrochemicals, railways and ports. There will be also an expansion of military assistance, training and intelligence-sharing. Nearly 100 projects are under consideration. In return, Iran will commit to providing regular and heavily discounted oil, gas and possibly other natural resources to China.
For China, Iran is a welcome counterbalance to US influence in the region, as the only large regional power that is not aligned with the US, in addition to having enormous oil and natural gas resources and providing a large market of more than 80 million citizens for Chinese goods.
For China, Iran is a welcome counterbalance to US influence in the region, as the only large regional power that is not aligned with the US, in addition to having enormous oil and natural gas resources and providing a large market of more than 80 million citizens for Chinese goods.