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Iran, China plan to increase commercial exchanges to 28 bln dollars in 2009

TEHRAN (ISNA)-The President of Iran-China Chamber of Commerce Asadollah Asgaroladi said with economic stability the two countries will grow the volume of commercial exchanges to over 28 billion dollars in 2009.

58 to 60 percent of the total amount belongs to Iran including 40 percent nonoil export to China, he said Tuesday in an interview with ISNA.

According to Asgaroladi with economic stability in the country, Iran would be able to increase the volume to 50 billion dollars at the end of the Fifth Five-Year Development Plan (2010-2015) comprising 20 billion dollar nonoil goods.

Meanwhile, he continued, Iran seeks establishing 5 commercial centers in Shanghai, Beijing, Xinjiang, Hong Kong and Guangzhou.

... Payvand News - 07/14/09 ... --

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