21 May 2024
Sunday 30 April 2023 - 19:32
Story Code : 405831

Two major Chinese companies plan to invest in Irans Khuzestan

Chinese Ambassador to Tehran Chang Hua says two major Chinese companies plan to invest in Khuzestan, in Irans oil-rich southwest.

During a Sunday meeting with Khuzestans governor-general, Hua said other Chinese companies could also come forward with any investment plans related to the Iranian province.

He expressed hope that given the two countries good relations and Khuzestans tourism capacities, a large number of tourists would travel to the Iranian province from China and visit its historical sites.

Hua emphasized the need to advertise the provinces tourist spots to attract visitors.

lsewhere in his remarks, the Chinese ambassador said the boosting of the ties between Iran and China would lead to more Chinese companies entering the Iranian investment market.

This comes as Iran is under US sanctions.

He said Beijing supported Irans territorial integrity as strongly as it supported its own and backed Iran against Western countries, which assail Irans and Chinas interests under various pretexts.

He also said the re-establishment of ties between Iran and Saudi Arabia last month which came after Chinese mediation was helpful to regional peace and development.

Accordingly, Irans trade with its leading trade partner, China, reached $15.79 billion in 2022, registering a 7% rise compared with the corresponding period of the previous year.

By Iran Front Page

 
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