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Iran and China sign two agreements

Iran Materials 29 December 2011 13:37 (UTC +04:00)

Azerbaijan, Baku, Dec. 29 / Trend M. Moezzi

Iranian entrepreneurs visiting China have signed an agreement with the city of Tianjin's chamber of commerce and food association, IRNA reports.

The Iranians and their Chinese counterparts signed a mutual cooperation agreement for expanding trade, participating in international exhibitions and mutual investments.

The Iranian group's meeting with Tianjin's food association to discuss agricultural and food products and Iranian exports. An agreement was signed by the two parties to follow up on their talks.

The coastal city of Tianjin is China's third biggest metropolis after Shanghai and Beijing.
Two weeks ago, Mahdi Safari, Iran's ambassador to China, traveled to Tianjin to talk with officials about supporting Iranian businessmen and improving the quality of exports to meet Iran's national standards.

Trade between Iran and China has grown quickly and steadily and China is Iran's biggest trade partner. The two countries had $30 billion in trade in 2010, a figure projected to grow to $50 billion by 2015.

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