Friday 19 July 2019

Iran-China trade growth rate tops 20pc in 2017

TEHRAN, January 19, 2018

Trade exchanges between Iran and China rose by 20.5 per cent in the first 11-month period of the past year, the Chinese envoy to Tehran was quoted as saying in a media report.

Speaking at the first international conference on Iran and China relations, Pang Sen said that cooperation between the two countries within the framework of the Chinese initiative 'One Belt, One Road' on transportation, oil, gas, petrochemical, metallurgy, construction and infrastructure is increasing, reported Irna.

The initiative, introduced by China President Xi Jinping in 2013, is aimed at developing relations and connectivity among countries through restoring the ancient Silk Road.

“Iran and China as two important countries located along the Silk Road are involved in mutual cooperation,” Sen said.

Trade exchanges between Iran and China in the first 11-month period of the year 2017 grew by 20.5 pe rcent, reaching $33.66 billion, he added.

Tags: China | Iran | Trade |

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