and home norway is planning to make the most of a treasure trove of rare, are discovered on the bed. this is dw business. i'm kate ferguson. welcome. iran's president abraham racy is in china. 4 talks with his counterpart. she ging ping. it's the 1st visit of its kind in over 20 years and comes as both countries experienced tension with the united states. bracey is traveling with a large delegation which includes several ministers as well as his central bank chief. the 2 leaders will be fine tuning the details of a 25 years to take a cooperation agreement, as well as being iran's largest trading partner. china has a big investment in the country and is a major buyer of its oil. now to find out more about this visit on the economic ties between the 2 countries, let's bring in d. w correspondent, so took hung in taipei. so what sectors of the iranian economy is china most interested in kate?

at this time, china emphasized that it will import more iran in agriculture products and continue to cooperate with iran, imputing the belt and rolled project. they have also signed a number of bilateral corp documents in tourism, environmental protection, health disaster relieved culture, sports and so on. but as well as the economy relationship between iran and china, actually their relationship is largely based on the energy trade with fuel global buyers of iranian oil under us sanctions making china is largest export destination . so that's probably the most interesting item they're trying to look at this time . absolutely, so a lot of evidence of deepening ties there, but most overruns economy is under us sanctions. how is china dealing with that fact? well, let's use oil as an example. although the actual volume of china iranian um, oil trade is not public, iran has long use malaysia as

a transit point for its oil export to china in recent years. and according to the u . s. and the energy information abstraction. china in militia account for 28 percent and 46 percent of the ross crude oil and condensate export destination in 2021. china is indeed a systemic sho, supporter of iran's effort to bypass you a sanctions to stand up. it's economic life ly, nato. the 2 countries want to finalize the details of a cooperation agreement that to last 25 years. what is inside that deal? all this 25 year on comprehensive cooperation agreement involves 400000000000 in chinese investment in ron china will establish free trade songs in different parts of iran and the 2 sides will cooperate in areas such as banking, telecommunications, ports, railroads, global navigation systems, and 1000 of other products, however, they have been concerns with in iran that this corporation agreement is more

symbolic than real. and china only want to use it as the bargaining chip used to negotiate with iran's rival saudi arabia. so we will have to see if it will turn into a real capital for iran apt to this visit. i'll write a complicated relationship. so don't hang in type, hey many thanks. it's almost a year since western nations imposed sanctions aimed at reducing rushes ability to shore up its military. but trade records reveal what actually happened this past year. chinese companies have continued and even increased their business ties with moscow. data analysts say there's clear evidence that china has dramatically increased military shipments to russia since moscow invaded ukraine. a network of chinese defense companies operating directly under the state owned assets commission has been steadily supplying russia with military hardware despite international sanctions. almost 2000 companies operate within the poly group

network, including a defense conglomerate called poly technologies. and so what are they identified from the companies that i've been researching is actually an increase in military applicable parts that are explicitly labeled for military systems to russia. from china since the start of the war. and even for a couple months preceding war, we see about a 300 percent increase in and $171.00 system parts from power technologies to these russian defense companies. just about a month or 2 before the invasion started. and most of the shipments are actually during the war itself. many of these companies are shipping directly to russian military hardware companies, which are operating in ukraine. among the electronics and machinery parts are parts which are explicitly for military use. in october, a company called china talley aviation shipped radar parts for the s 400 andy aircraft system to a russian defense contractor allmers anti. that transaction was detailed in

a wall street journal article based on data from c 4 ads. and between june and november, there were multiple shipments of parts for m. 171 helicopters, this time poly technologies selling to woollen uday aviation plant. but because of complex supply chains, it's not just chinese companies that are implicated and we see about 30 percent of all acknowledge straight partners have active western ties in the shipments either exporting, importing or countries of origin. and this is really impactful because sanctions measures specifically stipulate that any entity who's trading goods or services or even financially supporting these sanction russian defense companies is potentially at risk for sanctions penalties as well. that applies even if the company isn't aware of the final destination of their product. and even if it wasn't

a direct shipment. however, some companies it clearly believe that the profit is worth the risk. now to some of the other global business stories making news. lufthansa has to late and grind up some flights after the company's i. t systems were hit by technical difficulties. it's not known what caused the errors which have affected check and, and boarding system of kinds of shares were down on the news. and in a separate development, airports and 7 major cities across germany, it will come to a standstill on friday. at grand stuff and security workers participate in a one day strike. they're calling for a 15 percent wage height to offset inflation. travers have been told to expect delays and cancellation, twitter, seo, ellen musk says he's hoping to find a successor at by the end of the year. he made the commons after announcing in december that he intended to resign from the job. most says he wants to ensure the

company is financially stable before handing over the reins. the european parliament has set a deadline for saying good bye to cars, powered by fossil fuels, with a new lot bonding their sale from 20. 35 policy makers said the deadline will spur investment in the you and help the block meet. it's going of becoming climate neutral by 2050 now our correspondent band legal has been following that story. he told us why the european union has to fight it to give car makers a hard deadline. where the goal for the european union is said to protect the climate and to make come, make us move in europe. the european union says we need a clear timeline, a clear emission targets, richard 0 and also a clear technical frame. but it actually it's working. major european comics and especially in germany have already committed to meet a this target and to stop the production of combustion. and just by 2033 or

2000 or 35. and the you also says, european car makers have to be in the forefront of this revolution. not trailing other comic as in other parts of the world. especially chinese car makers come makers which are investing heavily in electric in the car production. and so your wants to keep up the pace. in norway, the recent discovery of valuable metals and minerals prompted much excitement. the find included rare earth that are key components and everything from mobile phones to computer hard drives and electric cars. traditionally, europe has relied on china for such materials. now norway wants to get in on the game where the deep sea mining g to start next year. but not everyone approves of the plans. a front end loader tips 25 tons of rock into this dumped truck in

all him in western norway. since 1948 olivine has been mined, here the mineral is rich and magnesium and important for the production of steel. among other things, norway now wants to mind the countries many other natural resources. for libya, it convey least we don't have a big industry yet, but we have many deposits. probably the largest deposits from metals and rare earth in europe. these are building blocks that are important for the green transition of industry, also via hilt, aven ya. of either get on the shifter. currently, china is dominating the market for rare earth. europe does not want to be reliant on china any more, and has been ramping up its search for domestic resources. titanium, you dinner, hollywood in motive. it's dangerous that china has a quasi monopoly on the production of some raw materials, and it has used these to monopolize entire supply chains, shita. but if norway wants to mind more raw materials at home, this will lead to conflict with locals. for years,

residents of no stall had been fighting a major mining project on fed a fjord. all you will die. good. are you project that we oppose this project? because they want to cut off the top of angular mountain and plan to dump 250000000 tons of mining, sludge, chemicals, heavy metals and micro plastics, straight into one of the regions most fish, rich fjords. if you would have nordic mining has now received approval to start mining the raw materials on the fjord in 2024 or your whole bid. i hope that politicians and others understand that we both in norway and in the nordic countries, must help provide important minerals for europe and the rest of the worlds. we cannot wait for 3rd world countries new provide us with all the mineral sort of lies that we need. i also opened said the vitamin scuffle sheet. no small the demon and all new thing in europe wants to free itself from its dependency on the world market and increasingly mine its own raw materials. the green revolution is still

seeing this classic conflict between the environment and industry. and finally, a danish museum is using new mass over us technology to bring of visitors face to face with history. this bronze age girl's body was fined by a farmer a century ago. at the time archeologist uncovered her hair skin nail bombed clothes, all of which have now been used as high fluids to try to recreate who she was in a virtual space. it's the 1st time technology has been used to create an avatar of a historical find. museum operators are hoping to bring her to a virtual reality setting through the medical team. and a reminder of the top is the story we're following for you. this. our china and iran are holding talks aimed at the strengthening economic ties. the meeting is the

1st of its kind in over 20 years and takes place against a backdrop of growing geopolitical tensions. that fell from a from one to check i. d, w dot com slash business, where on the deed of the news youtube channel as well. for me on the team here in berlin, if i am sick with with

ah, this gadget for measuring methane makes the invisible visible. oh machines impact on climate change has long been underestimated. many emissions are avoidable. but how exactly can they be stopped? and how can the economy benefit from these reductions made in germany in 90 minutes on d, w. these places in europe are smashing all the records. step into a bold adventure. it's the treasure map for modern globetrotters. discover some of europe's record breaking sites on your back. youtube and now also in book form.

many of the woods. i am said lana sienna kaya, i am running for president of the republic of belarus, leaky. ah, like every one else is for a long time. i thought it was best not to get involved in politics in hugh. she is a wife of an upcoming politician in a dictatorship and then in a moment where she tries to stand up for her husbands, who destiny changes. and she herself becomes a pals teacher at john dunn dar searching for the truth. again, this time the exile to turkish journalist meets svetlana at seattle sky, up exiled leader of the opposition and bela bruce. of course i am tired untied, physically untied morally, is too much on my shoulders, but i have to hold this weight because i'm responsible for the future. follow

contra for the people. far behind the boss. guardians of truth starts february 18th on d. w. it's with, ah, ah, this is the w news live from land, the bat for bah, low to in east and ukraine is now the longest stand off in the war with russia and ukraine determined to take the city, despite heavy casualties. also of the program. nature chief against dalton burg outlines new pledges for ukraine including heavy weapons and military training and asks members.