The deal also has a strong strategic component and seeks to strengthen military cooperation between the two countries.
It is believed that details pertaining to the deal were finalized during Iranian Foreign Minister, Javad Zarif’s China visit in 2019.
Khanna while speaking at a virtual event stated: “Let’s just speak plainly; it has been a disappointing start when it comes to Iran policy from the administration.
First, the Iran-China agreement has drawn criticism within Iran for its lack of transparency.
While the China-Iran 25-year-old agreement is significant, a lot will also depend upon how the Biden administration deals with Iran.