Iran China

First cargo shipment from East China arrives in Iran through Kazakhstan

It was sent on freight trains from a Chinese port in the East China Sea, later through the Central Asian country and finally made its way to northern Iran by sea.

Trade

Iran says oil money coming back from India, China, South Korea

Tehran has been able to establish financial channels with regional countries to pay its exports in their national currencies in a bid to unblock the flow of export money to the country.

Financial Markets

China says economic ties with Iran "durable, growing"

Beijing has been sticking to the 2015 Iran nuclear deal and has vowed to allow Iran to keep trade in a time when the US unilaterally abandoned the international treaty and reimposed sanctions on Tehran.

Trade

China Bank of Kunlun resumes Iran business

The main Chinese bank, handling financial transactions between Iran and China, has restarted work with Iranian businesses after a two-month hiatus. However, the decision still prohibits Iranians residing in the country to reactivate their accounts or do financial transactions.

Trade

China defends lawful business ties with Tehran

China, Iran’s top oil customer, says commercial cooperation between the two sides does not harm other countries interests and thus should be protected from unilateral US sanctions.

Trade

China’s SAIC Motor to stay in Iran

Vice president of Sanat Khodro Azarbaijan (Azarbaijan Vehicle Industry Co), Faroborz Zarei said, “Given the investment of SAIC Motor automotive manufacturer group in Iran, Sanat Khodro Azarbaijan’s activity won’t be affected by US’ unilateral sanction against Tehran”.

Mine and Industry