China, Iran sign first agreement on reconfiguration of Arak reactor

Posted on:24 Apr 2017 18:12:20
China, Iran sign first agreement on reconfiguration of Arak reactor
24 April 2017 Current Affairs:

  • China and Iran have signed the first agreement on the reconfiguration of Iran's Arak reactor. The deal was concluded between the Atomic Energy Organization of Iran (AEOI) and a Chinese company at the official ceremony in the Austrian capital Vienna.

  • The reconstruction of the Arak heavy-water reactor is a part of the Joint Comprehensive Plan of Action (JCPOA) deal, which Tehran signed with international mediators in July 2015 in return for sanctions easing.

  • President of Iran is Hussan Rouhani and its currency is Iranian Rial.

  • Xi Jinping is President of China and its currency is Renminbi.


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