China keen to expand economic ties with Iran

TEHRAN – Chinese Vice Premier Zhang Gaoli says China is keen to enhance its relations with Iran, especially bilateral economic ties.

In a meeting with Iranian Finance and Economic Affairs Minister Ali Tayyebnia in Beijing on Tuesday, Zhang called Iran a strategic partner of China, adding that China treasures its traditional friendship with Iran, the Mehr News Agency reported.
Tayyebnia said that Iran attaches great importance to its relations with China and hopes to strengthen cooperation in the areas of economy, trade, energy, investment, and infrastructure building.
On February 23, Iran and China signed an agreement in Tehran, finalizing a roadmap to double bilateral trade over the course of three years.
The two countries expressed interest in boosting cooperation in a wide range of areas, such as the industrial, oil, gas, petrochemical, mining, banking, transportation, energy, communications, and information technology sectors.
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 Iranian calendar year 1392 (March 20, 2014).

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