Iran, China trading rises by 30 percent

TEHRAN (ISNA)- Iran, China trading has risen by 30 percent, said Deputy Head of Iran-China joint Chamber of Commerce Majid-Reza Hariri.

“Iran’s trading with China rose by 30 percent, and their economic transactions have reached $50 billion. Off course, it is possible to increase bilateral economic transactions further,” he said.

The Iranian official noted that Iran is importing service goods for road, power plant, petrochemistry, machinery, locomotive and wagon. China is buying Iranian gas condensations, petrochemicals, minerals, iron ore and decorative stones.

Iran’s exports to China include 30 percent of the country’s entire exports. China is buying half of Iranian oil while Iran is under western sanctions.

He said that a new environment would open for further communications between Iran and China after lift of the sanctions which would pave the way for Chinese investment in Iran and more Iranian non-oil exports to the country.

The official also said pistachio, carpet, saffron and date are among other Iranian goods which have appropriate market in China.

By ISNA

 
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