50473
China to Invest $3b in Iran’s Fishing Industry
China to Invest $3b in Iran’s Fishing Industry

China to Invest $3b in Iran’s Fishing Industry

China to Invest $3b in Iran’s Fishing Industry

China will invest $3 billion in Iran’s fishing industry, particularly cage-based aquaculture, as part of an agreement signed by Iran’s Agriculture Minister Mahmoud Hojjati and his visiting Chinese counterpart Han Changfu in Tehran on Sunday for cooperation in fish farming and livestock quarantine.   “The agreement will help boost trade between the two countries,” the Chinese minister was quoted as saying by ISNA, noting that his country welcomes Iran’s quality agricultural products. China is Iran’s biggest trade partner. Bilateral trade reached $17.6 billion in the last Iranian year (ended March 19), with Iran’s exports to China standing at $7.23 billion, showing a 23% decline and imports amounting to $10.45 billion, down 22%. “Tehran-Beijing agricultural cooperation can expand into other subsectors, including development of fish farms and pier building as well as technology transfer for pesticides and fertilizers,” he said.

 

Short URL : https://goo.gl/c7TFHq
  1. https://goo.gl/4Ukkxm
  • https://goo.gl/iSsNwE
  • https://goo.gl/dfVVaX
  • https://goo.gl/XQSKdk
  • https://goo.gl/xbErjt

You can also read ...

Valiollah Seif
Governor of the Central Bank of Iran said on Wednesday anti-...
Nat’l Virtual Currency in the Offing
Months after the idea was first publicized, it seems that Iran...
5th Indian Wheat Cargo Arrives for Afghanistan in Chabahar
India’s fifth consignment of wheat to be sent to Afghanistan...
Presale Crosses  96,000 Gold Coins
The presale of Bahar Azadi gold coins priced at 14 million...
Spanish Foreign Minister Alfonso Dastis met with President Hassan Rouhani on Feb, 21.
Foreign ministers of the Netherlands and Spain are in Tehran...
Lexus’ New Crossover to Break Cover  in March
Lexus will pull the covers off of the production version of...
The government has required car importers to pay the higher tariffs announced in January.
The government has finally allowed the clearance of imported...
Bank Loans Top $100b in 10 Months
Banks and credit institutions doled out more than 4.62...

Trending

Googleplus