Iran, China economic exchanges surpass $43 bln, says official

Young journalists club

News ID: 16891
Iran » Iran
Publish Date: 18:28 - 16 December 2017
TEHRAN, December 16 - Chairman of Iran-China Joint Chamber of Commerce Asadollah Asgaroladi said that the volume of mutual commercial exchanges between the two countries has surpassed $43 billion.

Iran, China economic exchanges surpass $43 blnTEHRAN, Young Journalists Club (YJC) - The amount reached $35 billion last year, he noted, adding, “Iran’s approach to developing relations with China is a strategic and long-term one,” he said.

He said that the volume of mutual commercial exchanges has to rise by 15 to 20 percent every year by the end of the 6th five-year program.

The Iranian official said that the volume is expected to reach $45 billion by the end of 2017, with 55 percent of benefit for Iran and 45 percent for China.

Oil, gas and petrochemicals are Iran’s key exports to China, he said, adding, Iran and China have aimed at increasing the volume of mutual economic exchanges to $60 billion by next 10 years.

“China is of special importance for Iran.”

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