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Iran, China finalize roadmap to double bilateral trade ( joint
Iran, China finalize roadmap to double bilateral trade
Tehran Times – 24 February, 2014
http://www.gulfinthemedia.com/index.php?id=3D687125&news_type=3DEconomy&lan=
g=3Den
Iran and China have signed an agreement finalizing a roadmap to double =
bilateral trade over the course of three years.
Iranian Finance and Economic Affairs Minister Ali Tayyebnia and Chinese =
Commerce Minister Gao Hucheng signed the agreement in Tehran on Sunday.
On the sidelines of the signing ceremony, the director of the Organization =
for Investment, Economic, and Technical Assistance of Iran said, =
=93Facilitating the visa issuance procedure for traders and expanding =
cooperation in the field of e-commerce were among the main issues the two =
sides agreed upon.=94
Establishing an industrial park in Iran and creating a joint shipping line =
are also part of the roadmap, ISNA quoted Behrouz Alishiri as saying.
The two countries expressed interest in boosting cooperation in a wide rang=
e =
of areas, such as the industrial, oil, gas, petrochemical, mining, banking, =
transportation, energy, communications, and information technology sectors.
Bilateral trade between Iran and China amounted to $ 36 billion in 2012.
In December 2013, then Iran-China Joint Chamber of Commerce Chairman =
Asadollah Asgaroladi announced that annual trade between Iran and China =
could reach $ 38 billion by the end of the current Iranian calendar year =
(March 20, 2014).
A delegation of 110 Chinese traders will travel to Iran on March 2 to atten=
d =
a conference on investment opportunities in Iran and China, the Mehr News =
Agency reported on Saturday.
Iran conducted $ 71.2 billion in trade of non-oil goods with other countrie=
s =
during the first ten months of the current Iranian calendar year, which =
began on March 21, 2013, according to the latest report issued by Iran=92s =
Customs Administration.
Iran exported $ 33.7 billion of non-oil goods, including gas condensates, =
and imported $ 37.5 billion of non-oil goods during the 10-month period.
Exports fell by 2.55 percent in value, but rose by 15.33 percent in volume =
compared to the same period in the previous year.
Iron ore concentrate, urea, and methanol were the main goods exported, and =
rice, soy meal, and wheat were the main items imported.
China, Iraq, and the United Arab Emirates were the top three importers of =
Iranian goods during the period. The three countries imported $ 5.905 =
billion, $ 4.79 billion, and $ 2.923 billion of Iranian goods, respectively.
Meanwhile, the United Arab Emirates, China, and India were the leading =
exporters of goods to the Islamic Republic. Their exports to Iran were =
valued at $ 7.985 billion, $ 7.365 billion, and $ 3.298 billion, =
respectively.
________________________________________
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