'CICA summit counters US hegemony' [Foad Izadi and Patrick Basham @ PressTV]

Conference on Interaction and Confidence-Building Measures in Asia is an inter-governmental once-every-four year gathering for enhancing cooperation towards promoting peace, security and stability in Asia.

The fourth summit of CICA was held in Shanghai, China, with the full participation of member states.

During the CICA summit, China and Russia signed a historic multi-billion-dollar 30-year gas deal.

On the sidelines of the summit Iran’s President Hassan Rouhani met with his Chinese President Xi Jinping. Rouhani said Iran as a CICA member will spare no efforts to contribute to the further success of the forum.

Beijing has called for the creation of a new Asian structure for security cooperation based on a regional group that includes Russia and Iran, and excludes the United States.

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