Infrastructure: Iran, China ink agreements

TEHRAN: Iran and China on Saturday signed a series of agreements worth $4 billion for infrastructure projects as part of a broader bid to boost trade volume between the two nations, Iranian state media reported. As part of a $500 million deal, China agreed to provide Iran with 60 energy recovery incinerators, which are to be installed within a year in major cities and in Iran’s northern tourism hub along the Caspian sea.

Published in The Express Tribune, July 17^th, 2011.