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China seeks ‘new chapter’ with Iran after sanctions lifted

Chinese President Xi Jinping, center right, shakes hands with Iranian President Hassan Rouhani, as they pose for a photo in an official arrival ceremony, at the Saadabad Palace in Tehran, Iran, Saturday, Jan. 23, 2016. (AP Photo/Ebrahim Noroozi)
Chinese President Xi Jinping, center right, shakes hands with Iranian President Hassan Rouhani, as they pose for a photo in an official arrival ceremony, at the Saadabad Palace in Tehran, Iran, Saturday, Jan. 23, 2016. (AP Photo/Ebrahim Noroozi) Chinese President Xi Jinping, center right, shakes hands with Iranian President Hassan Rouhani, as they pose for a photo in an official arrival ceremony, at the Saadabad Palace in Tehran, Iran, Saturday, Jan. 23, 2016. (AP Photo/Ebrahim Noroozi)

TEHRAN, Iran (AP) – Chinese President Xi Jinping, visiting Iran just days after the lifting of international sanctions under a historic nuclear deal, says he hopes for a “new chapter” in relations.

Xi met with his Iranian counterpart Hassan Rouhani in Tehran on Saturday, during the first visit to the country by a Chinese president in 14 years.

Trade between the two countries stood at some $52 billion dollars in 2014, but that figure dropped last year due to plunging oil prices.

China is one of six world powers — along with the U.S., Germany, France, Britain and Russia — that reached an agreement with Iran last summer to lift international sanctions in exchange for Tehran curbing its nuclear program. The deal was implemented a week ago.