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Monday, February 24, 2014 |
Iran, China finalize roadmap to double bilateral trade ( joint |
Iran, China finalize roadmap to double bilateral trade 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= 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= 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= 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. Since 1992 providing news and analysis on the Middle East with a focus on A= Website: www.imra.org.il For free regular subscription: For free daily digest subscription: IMRA is now also on Twitter |
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