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                                        Volume. 11929

110-member Chinese trade delegation to visit Iran next week
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TEHRAN – A delegation of 110 Chinese traders will travel to Iran on March 2 to attend a conference on Iran-China investment opportunities, the Mehr News Agency reported on Saturday.
 
The conference will also discuss opportunities for the two countries to launch joint investments in other countries.
 
Chinese Commerce Minister Gao Hucheng, heading a delegation of more than 20 top Chinese officials and economic managers, is currently in Tehran.
 
He has traveled to Tehran to take part in the 15th meeting of the Iran-China Joint Economic Cooperation Meeting. The two sides are scheduled to 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 (March 20, 2014).

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