Iran looks to China and Europe to boost economy

Global Business

Iran looks to China and Europe to boost economy2

Iranian President Hassan Rouhani is in Europe stirring up interest in his country, a place that has long been isolated.

After lengthy sanctions were lifted on Iran, Chinese President Xi Jinping was one of the first foreign leaders to visit the country to explore expanding economic ties.

A lot of hope rides on this relatively new open market, but how will it impact the region’s economy and its shaky diplomacy is uncertain.

CCTV America’s Natalie Carney reports from Istanbul.

Iran looks to China and Europe to boost economy

Iran looks to China and Europe to boost economy

Iranian President Hassan Rouhani is in Europe stirring up interest in his country, a place that has long been isolated. After lengthy sanctions were lifted on Iran, Chinese President Xi Jinping was one of the first foreign leaders to visit the country to explore expanding economic ties. A lot of hope rides on this relatively new open market, but how will it impact the region’s economy and its shaky diplomacy is uncertain. CCTV America’s Natalie Carney reports from Istanbul.