President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Samad Hassanzadeh has stressed the need for implementing a strategic 25-year cooperation deal between Iran and China.
Iran’s Trade Promotion Organization (TPO) has approved the establishment of two new trade centers in Shanghai, eastern China, and Minsk, the capital city of Belarus.
The analysts of the Standard Chartered Institute in an unconfirmed report estimated the Iranian oil export to China in June 2024 at about 1.450 million barrels per day (bpd).
The first Chinese transit train will leave Iran for China, according to the spokesperson for the Parliament’s National Security and Foreign Policy Committee.
A Chinese transit train will enter Iran from Incheh Borun Crossing after crossing Kazakhstan and Turkmenistan, the Iranian ambassador to China said.
China’s Customs Office put the trade exchanges between Iran and China in the first five months of the current year (January to May 2024) at about $6 billion.
President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Samad Hassanzadeh says there is a potential for Iran-China trade to reach $50 billion.
Chinese customs said in a report on Monday that there was $4 billion worth of trade exchanges between Iran and China in the first quarter of this year.
The China Customs has announced that the trade exchanges between Iran and China stood at more than $2.8 billion from January to February 2024.
China has pledged to engage in Iran’s housing market within the next two months, according to an Iranian member of parliament.