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Iran signed an array of deals worth a total of €30 billion ($33 billion) during President Hassan Rouhani's second leg of his Europe visit to France, according to Bloomberg calculations. Some media outlets like British newspaper The Independent put the overall figure at a whopping €40 billion. The deals were signed in a special ceremony attended by President Rouhani and his French counterpart Francois Hollande at the Elysée Palace in Paris. Continue reading
hinese President Xi Jinping arrived in Tehran late on Friday to discuss improvement of economic and political ties after the lifting of western sanctions. He has also visited Saudi Arabia and Egypt during his Middle East tour, which started on January 19. A high-ranking political and economic delegation accompanied the Chinese president during his one-day trip, which is the first visit by a Chinese president in 14 years. Continue reading