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Iran-China trade exchanges to hit 8 billion dollars by early 2006

TEHRAN, Nov. 22 (Mehr News Agency) - Assadollah Asgarowladi, the chairman of Sino-Iranian Joint Chamber of Commerce described the economic ties of Iran and China as positive, announcing that the bilateral trade exchanges will hit over $8 billion by the end of the current Iranian year, falling on March 19, 2006.

The main fields of Iran and China cooperation are gas, petrochemicals, foodstuff, chemicals, and machineries, he told the Iranian Students News Agency (ISNA).

He also said, "Sino-Iranian Joint Chamber of Commerce has offered certain proposals to the Chinese officials for prevention of exporting the low-quality cargos to Iran. However, it seems that lack of enough control on the borders have made re-export of these goods via Dubai."

Asgarowladi accompanied with certain members of Sino-Iranian Joint Chamber of Commerce and the private sector's trade delegation has left this week for Shanghai to participate in the conference on evaluating investment possibilities in Iran.

... Payvand News - 11/23/05 ... --

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