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Iran eyes increasing trade with China

Business Materials 16 February 2022 09:33 (UTC +04:00)
Iran eyes increasing trade with China

TEHRAN, Iran, Feb.16

Trend:

Iran plans to increase non-oil export to China from $12 billion to $20 billion by the end of the first term of the new administration, said the head of Iran and China Joint Chamber of Commerce Majidreza Hariri, Trend reports citing Mehr News Agency.

"Iran has planned to open two commercial centers in China in the new Iranian year (starts March 21, 2022) and revive the representative office of the Iran-China Joint Chamber of Commerce," he noted.

The country is expected to operate permanent exhibitions in four or five regions of China to introduce Iranian goods, send marketing experts and use popular online platforms to increase ties.

Iran's imports from China include mobile phones, livestock input, wheat, soybean, sunflower oil, and barley. The trade balance between two countries without oil export was positive in the ten months of the current Iranian year.

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