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 ...

Currency, Gold at New High in Tehran Market
The foreign exchange market heated up again on Monday to post...
Gov’t to Issue Bonds to Pay Back Loans on Iran Air ATR Planes
The government’s Economic Council last week approved a...
Iranian Ministry of Industries, Mining and Trade has released...
Iran: Summer Sees Highest Inflation on Record
The consumer price index increased from 116.2 to 134.6 or...
Iranian Private Carmaker Increases Prices 55%
Iran’s largest private automaker Modiran Vehicle Manufacturing...
Tehran Stocks Rally, Incline Toward Export Sector
Tehran Stock Exchange set a fresh record high on Monday as...
Iran Steel Exports Rise  27% to Over 4m Tons: ISPA (Mar-Aug, 2018)
A total of 4.13 million tons of finished and semi-finished...
Iranian Banks Lend $16.8 Billion in 5 Months
Banks and credit institutions allocated 2.4 quadrillion rials...

Trending

Googleplus