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Energy China keen to invest in Iran’s projects: IMIDRO chief

Oil&Gas Materials 8 June 2018 13:35 (UTC +04:00)

Tehran, Iran, June 8

By Kamyar Eghbalnejad - Trend:

State-owned China Energy Engineering Corporation (Energy China) has expressed willingness to invest in Iran’s railway and energy products, IMIDRO chairman Mehdi Karbasian said.

“A meeting was held with the officials of Energy China”, Mehdi Karbasian, the chairman of the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO), said on June 8 while addressing China Investment Conference 2018 in Beijing, IRIB news website reported.

Energy China is eager to finance Iran’s different projects and jointly construct railways, energy plants, and water transfer pipelines in the country, he added.

The Chinese energy conglomerate is also willing to supply equipment besides engineering and supervising the projects, Karbasian said.

Energy China will soon send its delegation to Iran to explore and study trade opportunities in the country, he said.

Elsewhere in his remarks, he referred to Iranian President Hassan Rouhani’s visit to China and said the visit could open up new opportunities for further expansion of relations between Iran and China.

On Friday, Rouhani left Iran for China to discuss ways to improve mutual relations and the latest regional developments.

The president will attend the summit of the China and Russia-led security bloc, the Shanghai Cooperation Organization (SCO).

The president is scheduled to hold meetings with his Chinese counterpart Xi Jinping and other senior officials to discuss ties as well as the latest developments around the 2015 nuclear deal between Tehran and world powers.

Rouhani is also planned to hold talks with his Russian counterpart Vladimir Putin during his visit, the envoy said.

The summit is scheduled to be held in the northern Chinese city of Qingdao.

The visit will take place as major powers are seeking to save Iran’s nuclear deal, known as the Joint Comprehensive Plan of Action (JCPOA), after the United States pulled out.

In a speech from the White House on May 8, Trump accused Iran of sponsoring terrorism and seeking nukes before announcing the US withdrawal from the nuclear agreement between Iran and the Group 5+1 (Russia, China, the US, Britain, France and Germany).

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