Azerbaijan, Baku /corr. Trend D.Khatinoglu / Protesting against the sanctions of the UN Security Council and protecting Iran, China is transforming into trade partner No 1 for Iran. "Not joining the sanctions of the West, China gained an access to the economic market of Iran," economic expert of the Iranian Parliament, Jamshid Pejuan, said.
Making a visit to Tehran, the Foreign Minister of China stated that China supports the peaceful nuclear plans of Iran and is willing to strengthen the economic relations with this country. Most likely, China will replace Germany, former economic partner No1 for Iran, Farsnews reported.
The USA and Europe lost their economic market in Iran due to the sanctions of the UN Security Council against the Country, Pejuan reported to Trend from Tehran by telephone on 14 November.
On 12 November, the Foreign Minister of Great Britain, Gordon Brown, offered to impose sanctions on the oil industry of Iran.
According to Pejuan, the sanction imposed to prevent Iran's plans on uranium enrichment, especially sanctions on the oil industry will not have significant influence. "Iraq, Russia and Saudi Arabia can not cover the world oil demand without Iran's participation. The sanctions can not prevent Iran's oil production, but may present obstacles to the development of the oil industry," Pejuan said.
Other Iranian expert Bijan Bidabad reported to Trend by telephone from Tehran that the sanctions against Iran are not news and Iran may prevent the damages resulted from the sanctions. "Despite that Iran has isolated from the west, it is continuing co-operating with its allies in the East. The most available variant for Iran is China. The sanctions affected Iran's import policy and inflation a little and it is not very dangerous," Bidabad said.
According to both experts, the sanctions imposed on Ira's oil industry have not affected the oil revenues of Iran yet. Pejuan considers that China can not play the role of Europe in developing Iran. "The Chinese industry has not highly developed like Europe. Iran should further appreciate its relations with Europe," he said.
Bidabad said that Europe's breaking the economic relations with Iran will bring harms to both sides. "Last year Germany earned $6bln in trade with Tehran," Bidabad said.