Trade Deficit With China
Economy, Domestic Economy

Trade Deficit With China

Trade with China saw a 34% decline in 2015, says the deputy head of Iran-China Chamber of Commerce. Majid Reza Hariri added that the falling prices of oil, gas condensates, iron ore and other minerals are to blame for the slowdown in economic exchanges between the two countries, ISNA reported. “All these have led to a trade deficit with China, which is unprecedented in the history of our bilateral ties. Mutual trade balance has always favored Iran in the past 30 years,” he said. Hariri also announced that Chinese President Xi Jinping is scheduled to visit Iran next month.


Short URL : http://goo.gl/W1r09F
  1. http://goo.gl/yzRRl4
  • http://goo.gl/mrHBdU
  • http://goo.gl/0aAhUu
  • http://goo.gl/7WsCmw
  • http://goo.gl/E4oNVe

You can also read ...

BMW’s Tech-Stuffed Concept SUV Heralds Fancy, Electric Future
Changing notions of what customers want from cars have pushed...
Tesla Hits New Speed Bump
Tesla Inc’s Chief Executive Officer Elon Musk on Sunday...
Oil & Gas Sector Most Conducive for Business
The research arm of Iran’s Parliament has conducted a first-of...
3 CBI Officials  to Leave
Following the recent passage of the law banning the employment...
CBA Concerned About Forex Outflow to Iran
The Central Bank of Afghanistan raised concerns about the...
Anzali Port to Be Connected to National Railroad
Anzali Port in the northern Gilan Province will be connected,...
Mineral Trade Surplus Hits $2.9b
Iran exported more than 25.47 million tons of mineral products...
Departure Tax Revenues  Up 117 Percent
The government earned 3 trillion rials ($24 million) from...