Annual trade between Iran and China may reach $38 billion by the end of the current Iranian calendar year
An official at the Iranian Organization for Investment, Economic and Technical Assistance says Iran and China will soon sign a agreement setting a “roadmap” to boost cooperation in a wide range of economic sectors, such as industry and mine, oil, gas, and petrochemicals, communications and information technology, banking, transportation, and energy.
On January 20, Chinese Ambassador to Tehran Yuhang Yang announced that the value of trade between the two countries stood at $31 billion in the first ten months of 2013, a 5.3 percent growth year on year.
The bilateral trade amounted to $36 billion in 2012, the diplomat added.
In December 2013, Iran-China Joint Chamber of Commerce Chairman Asadollah Asgaroladi announced that the annual trade between Iran and China
may reach $38 billion by the end of the current Iranian calendar year