China International Fair for Investment and Trade opens
The 13th China International Fair for Investment and Trade is underway in Xiamen from September 8 to 11.
Representatives from the Organization for Investment, Economic and Technical Assistance of Iran (OIETAI), Iran's Chamber of Commerce Industries and Mines, and Iran-China Joint Chamber of Commerce, Industries, and Mines are present at the fair, the Mehr News Agency reported.
Following the opening ceremony the representatives from Iran gathered in OIETAI booth and explained the advantages of investment in Iran to visitors.
In this fair investors from 30 countries will review investment opportunities in different countries.
Several companies have expressed their readiness to invest in Iran's industries including energy-saving light bulbs, advanced fibers, polyethylene, packaging machines, electronics, etc.
OIETAI representatives held talks with Chinese firms and reviewed ways for Iran to invest in China.
Conferences on investment options in Iran titled "Seminary of Investment in Iran" and "Iran Daily Seminary" are being held at the fair.
China International Fair for Investment and Trade (CIFIT), held annually in Xiamen during Sept.8-11, is sponsored by China''s Ministry of Commerce (MOFCOM) and co-sponsored by UNCTAD, UNIDO, OECD, IFC, WAIPA, CCIIP. The UFI-approved CIFIT is the world''s largest international investment promotion event aiming at bilateral investment cooperation.