42173
Iran, China Sign Trade MoUs
Economy, Domestic Economy

Iran, China Sign Trade MoUs

Iran and China have signed a series of memorandums of understanding to facilitate bilateral trade. The documents were signed in a meeting between Iranian and Chinese businesspeople and officials in Tehran on Tuesday, IRNA reported. Trade Promotion Organization of Iran, affiliated to the Ministry of Industries, Mining and Trade, signed agreements with the China Council for Promotion of International Trade and Jinjiang Chamber of Commerce to facilitate trade and investment between Tehran and Beijing.  Also, private businesses of the two countries signed multiple MoUs, including agreements to manufacture LED lamps and floodlight. TPOI chief, Valiollah Afkhamirad, said Iran could be a base for the manufacture and exports of Chinese products. “We have the capacity of allocating some of our companies to Chinese brands for manufacturing their products before exporting them to other countries. This way Chinese companies will not have to deal with the risk of new investments to expand their markets,” he said. Tehran and Beijing have pledged to increase bilateral trade tenfold to reach $600 billion over the next 10 years.

Short URL : http://goo.gl/KLfSDt
  1. http://goo.gl/WRvxLK
  • http://goo.gl/2zqwNE
  • http://goo.gl/CI7u16
  • http://goo.gl/MMTKAn
  • http://goo.gl/zGZziy

You can also read ...

Pretoria Hosts South Africa-Iran Business Forum (Photo: AfricaNewsAgency)
The South Africa-Iran Business Forum was held in Pretoria,...
The health deal was signed in Iran’s Embassy in London on Oct. 23.
Iran’s Ministry of Health signed an investment and cooperation...
Donald Trump (C) walks past Emmanuel Macron (L) and Angela Merkel on his way to his spot for a family photo during the NATO summit in Brussels, Belgium, on May 25, 2017. (File Photo)
US President Donald Trump said in an interview aired on Sunday...
2 Iranian Rating Firms Licensed
Securities and Exchange Organization of Iran, the country's...
The fiscal 2014-15 was the worst year for the construction sector in recent memory, with growth rate reaching its nadir at -17%.
The research arm of the Iranian Parliament has forecast a...
Mellat Insurance’s office in Tehran
Mellat Insurance, affiliated with Bank Mellat, announced that...
Renault Launches Used-Car Sales Scheme in Iran
Negin Khodro, the local official importer of Renault cars, has...
485,000 New Jobs Averaged Annually Since 2013
An average of 485,000 jobs were created every year during...

Trending

Googleplus