Sanctions could expand Iran-China trade
Azerbaijan, Baku, Nov.22 / Trend F.Milad/
Global economic sanctions against Iran could help the country expand its trade ties with China, the Iran-China Joint Chamber of Commerce deputy chairman said.
Majid-Reza Hariri told the Mehr news agency that Iran may expand its economic relations with China to deal with sanctions imposed by western powers.
The Chinese are also interested in developing trade ties with Iran, he noted.
He predicted that the annual trade between the two countries would reach $40 billion by the end of 2011.