China, Iran Agree to Expand Trade to $600 Billion in a Decade

Chinese President Xi Jinping, left, and Iranian President Hassan Rouhani.

Source: Pool/Iranian Presidency/Anadolu Agency via Getty Images
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China and Iran mapped out a wide-ranging 25-year plan to broaden relations and expand trade during the first visit by a Chinese leader to the Islamic republic in 14 years.

President Xi Jinping met with his counterpart Hassan Rouhani on Saturday, a week after the lifting of international sanctions against Iran over its nuclear program. The Chinese leader is the first head of state of the six-country bloc that negotiated the historic deal to visit Iran.