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Iran and China discussed boosting their bilateral trade to $600 billion within a ten-year period, the Islamic Republic’s president Hassan Rouhani said.

He made the remarks during a press conference on the sidelines of a meeting with his visiting Chinese counterpart Xi Jinping in Tehran Jan. 23, the State IRINN TV reported.

Rouhani said that the parties discussed mutual strategic ties in the meeting.

“This trip comes in a great moment of history as the international sanctions against Iran are removed,” Rouhani said, adding the parties can achieve a final agreement for cooperation in fields of mutual interests.

The Iranian president further said that Iran and China had decided to prepare a comprehensive 25-year cooperation document.

Finance, banking and investment issues as well as long-term agreements on energy and investment in the mining, industry and energy sectors were discussed in the meeting as well, Rouhani added.

In addition to economic issues the two parties also negotiated cooperation in various fields such as security and defense as well as culture, tourism, technology and science, the Iranian president underlined.

International and regional issues also discussed in the meeting, Rouhani said, adding fighting with terrorism, extremism and violence as well as conflicts that have plagued the region were on the agenda of the mutual talks.

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