Iran to reopen trade office in China to boost non-oil exports
TEHRAN, Iran, Aug. 1
China is a sustainable and growing consumer market for Iran's non-oil export, although Iran's export has declined during the first four months of 2020 due to coronavirus, said the head of Iran - China Joint Chamber of Commerce Majid Reza Hariri, Trend reports citing IRNA.
"Re-opening Iran's trade office in China would help the non-oil export," said Hariri.
"Iran's trade office was active from 2009 to 2013 in Shanghai and stopped functioning due to income and costs problems. It was decided last Iranian year (started March 21,2019) that the office would resume work to facilitate economic transaction since the US sanctions created problems for businessmen," he said.
"The reopening was delayed due to coronavirus spread and Iran's trade office would resume work in coming months," Hariri said.
"Iran Chamber of Commerce's priority in the current Iranian year is to establish trade offices in 15 neighboring countries, in addition to India and China," he added.
"Iran's non-oil export to China was less than 10 percent in the past 1,5 months, and considering this export volume, it will not be compensated for by the of the year," he said.
"The situation is more stable now, but reducing export was due to decline of raw material prices not only in Iran but the world as well," said Hariri.
"Development of non-oil export items, including carpets, handicrafts, pistachio, rosewater, dates, pastries, chocolate and fur, along with finding new commodities for export to China is on the agenda," he said.
"Iran's trade office in China also aims to hold exhibitions to display its goods directly to customers," he said.