Times Of India China and Iran are exploring an economic partnership worth a staggering $300 billion, raising fresh questions about the effectiveness of Washington's sanctions campaign against Tehran. At an investment forum held alongside the ninth China International Import Expo on November 5, Iran presented 150 investment projects across 11 strategic sectors, targeting Chinese businesses. The proposed investment portfolio covers oil, gas, petrochemicals, mining, manufacturing, agriculture, transportation, renewable energy and emerging technologies. Iranian officials say the country needs around $250 billion in energy and infrastructure investments over the next five years, including more than $45 billion for petrochemical projects.
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