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China to invest $2b in Iran’s Sarakhs zone
A Chinese company is to invest $2 billion in Sarakhs Special Economic Zone (SPEZ), announced the zone’s managing director on Sunday. Ahmad Sadeqi Golmakani told IRNA that a Chinese state-owned company has inked a memorandum of understanding (MoU) worth $2 billion with the Iranian side to invest in SPEZ. He said the MoU is considered…