Iran and China Discuss Expanding Oil Trade in Phone Call

President Hassan Rouhani and his Chinese counterpart Xi Jinping discussed expanding Iran’s oil sales and non-oil exports to China in a phone call, Rouhani’s official website, president.ir says.

• They also discussed expanding the presence of Chinese companies in Iran
• Development of Arak nuclear reactor, whose modernization is part of the terms of the 2015 nuclear deal, was also discussed, statement says
• NOTE: Iran-UN Monitor Pact Paves Way for Nuclear Deal Breakthrough (1)
• NOTE: Oil Rallies Toward $65 With Iran Deal in Focus, Goldman Bullish

To contact the reporter on this story:
Arsalan Shahla in Tehran at ashahla@bloomberg.net

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