Iran, China agree to broaden cooperation in fight against terrorism, money laundering

Tehran and Beijing have agreed to join hands in the fight against corruption, terrorism, and money-laundering.

Iranian and Chinese officials in a meeting in Tehran Tuesday agreed to increase cooperation in several areas, including in the campaign against money laundering and extradition of financial offenders.

The agreement was reached between Head of Iran’s General Inspectorate Nasser Seraj and Chinese Deputy Prosecutor General Jiang Xian Chu.

“We are willing to increase our cooperation in the campaign against financial and political corruption, terrorism and money laundering,” Seraj said during the meeting.

The senior Chinese official, for his part, pointed to the age-old relations between the two nations, and expressed hope that mutual cooperation would further expand in the fight against terrorism and financial corruption.

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Trade between Iran and China last year was estimated at $45 billion.

Iran is currently China’s third largest supplier of crude, providing Beijing with roughly 12 percent of its total oil consumption annually.

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