Iranian business council puts emphasis on boosting China trade

Business Materials 21 March 2013 13:37 (UTC +04:00)

Azerbaijan, Baku, March 21/ Trend G.Mehdi/

The Beijing-based Iranian business council has emphasized the need for boosting trade with China, IRNA reported.

Iranian ambassador to China Mehdi Safari referred to the formation of new government in China as a positive step toward the expansion of bilateral trade.

He added that Iranian businessmen and traders attended over 30 international exhibitions in China in the past Iranian calendar year, which ended on March 20.

Head of Iran-China Chamber of Commerce Assadollah Asgaroladi said on Sunday that Tehran-Beijing trade fell to $37 billion in 2012 from $45 billion in 2011 showing an 8 percent decreased.

China invested $600 million in Iran in 2012, he said.

Asgaroladi added that China which is the world's second biggest economy was Iran's first trade partner in 2012.

He noted that Iran's strategy is to expand ties with China.