Iran’s Araqchi says cooperation with China will be even stronger in current circumstances, calling Beijing a close friend, ISNA reports.

Iran's Deputy Foreign Minister Abbas Araqchi emphasized the strengthening of cooperation with China, labeling Beijing as a close ally amid current geopolitical circumstances. This statement underscores the deepening ties between Iran and China, which may influence capital flows and trade dynamics in the region. The Iranian economy, particularly sectors reliant on Chinese investment and trade, could see increased activity as a result of this partnership. Traders will be attentive to upcoming trade agreements or joint ventures that may be announced, which could further solidify these economic ties and impact regional market sentiment.

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