ID :
195334
Sat, 07/16/2011 - 11:39
Auther :
Shortlink :
https://www.oananews.org//node/195334
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Iranian, Chinese Officials Stress Expansion of Bilateral Ties
TEHRAN (FNA)- Iranian and Chinese officials underlined the two countries' resolve to further strengthen bilateral ties and mutual cooperation in different fields, economy in particular.
The issue was raised by Iranian Vice-President Mohammad-Javad Mohammadizadeh and He Guoqiang, a senior official of the Communist Party of China, at a ceremony to commemorate 40 years of diplomatic relations between Iran and China.
The two sides celebrated the 40th anniversary of the establishment of diplomatic relations between the two countries on Friday.
Iran and the People's Republic of China established diplomatic relations on August 16, 1971.
The Iranian vice-president stated that bilateral relations have developed steadily in recent years and expressed hope that ties between the two countries would be expanded in the future.
Mohammadizadeh noted that Iran and China are keen to boost their interactions and urged the two countries to seize every opportunity to expand their relations in all spheres.
He said that increasing the level of banking cooperation and financial transactions with China is one of the priorities of the Islamic Republic's foreign policy.
During the meeting, Guoqiang said that the Islamic Republic of Iran is one of China's most important trade partners.
Earlier this week, China's Ambassador to Tehran said that the total value of trade exchanges between Iran and china is expected to reach $40 billion this year.
Addressing Iran-China trade conference here in Tehran on Monday, Yu Hung Yang said that the value of the two countries' trade exchanges has witnessed a 55% growth during the first four months of 2011 and amounted to $13.28bln.
The diplomat further predicted that the figure would surpass $40bln by the end of the year.
He said trade exchanges between Iran and China amounted to $30bln in 2010, adding that "China exported $11.1bln worth of goods to Iran, while its imports totaled $18.3bln last year".
Meantime, the Chinese envoy said that his country's direct investment in Iran has undergone a 48.3% increase during the first four months of 2011 and reached $178mln.
China is a major trade partner of Iran. The two countries are endeavoring to enhance their bilateral trade ties significantly. Crude supplies constitute a major part of Iran's exports to China.
Iran is currently China's third largest supplier of crude oil, providing China with roughly 12% of its total annual oil consumption needs - nearly one million barrels per day.
The issue was raised by Iranian Vice-President Mohammad-Javad Mohammadizadeh and He Guoqiang, a senior official of the Communist Party of China, at a ceremony to commemorate 40 years of diplomatic relations between Iran and China.
The two sides celebrated the 40th anniversary of the establishment of diplomatic relations between the two countries on Friday.
Iran and the People's Republic of China established diplomatic relations on August 16, 1971.
The Iranian vice-president stated that bilateral relations have developed steadily in recent years and expressed hope that ties between the two countries would be expanded in the future.
Mohammadizadeh noted that Iran and China are keen to boost their interactions and urged the two countries to seize every opportunity to expand their relations in all spheres.
He said that increasing the level of banking cooperation and financial transactions with China is one of the priorities of the Islamic Republic's foreign policy.
During the meeting, Guoqiang said that the Islamic Republic of Iran is one of China's most important trade partners.
Earlier this week, China's Ambassador to Tehran said that the total value of trade exchanges between Iran and china is expected to reach $40 billion this year.
Addressing Iran-China trade conference here in Tehran on Monday, Yu Hung Yang said that the value of the two countries' trade exchanges has witnessed a 55% growth during the first four months of 2011 and amounted to $13.28bln.
The diplomat further predicted that the figure would surpass $40bln by the end of the year.
He said trade exchanges between Iran and China amounted to $30bln in 2010, adding that "China exported $11.1bln worth of goods to Iran, while its imports totaled $18.3bln last year".
Meantime, the Chinese envoy said that his country's direct investment in Iran has undergone a 48.3% increase during the first four months of 2011 and reached $178mln.
China is a major trade partner of Iran. The two countries are endeavoring to enhance their bilateral trade ties significantly. Crude supplies constitute a major part of Iran's exports to China.
Iran is currently China's third largest supplier of crude oil, providing China with roughly 12% of its total annual oil consumption needs - nearly one million barrels per day.
