Iran and Russia are opening multiple new areas of cooperation, with Iranian Foreign Minister Hossein Amir-Abdollahian saying last month that the two sides are finalizing a “long-term strategic cooperation agreement”.

Iranian President Ebrahim Raeisi will pay an official visit to Beijing from February 14 to 16 at the invitation of his Chinese counterpart, China's Foreign Ministry announced.

According to reports, Venezuela is set to host a joint military drill with several countries including Iran, Russia, and China.

China and Iran formally established diplomatic relations on August 16, 1971, which have only strengthened over the years with the two countries emerging as regional bulwarks.

China is already Iran’s top trade partner and oil client, but its signing of a 25-year strategic partnership agreement on Saturday has put US sanctions on the verge of collapse, global observers say.

On March 27, Iran and China signed the Comprehensive Strategic Partnership, a $400 billion 25-year agreement that includes oil and mining, promoting industrial activity in Iran, and collaborating in transportation and agriculture.

Chinese Foreign Minister Wang Yi and his Iranian counterpart Mohammad Javad Zarif have signed a 25-year comprehensive strategic partnership agreement, marking a milestone in bilateral relations between the two countries.