Iran imported commodities worth US$1.755 billion from China
in the seventh Iranian calendar month, according to the spokesman of the
International Relations and Trade Development Committee of Iran's House of
Industry, Mining and Trade.
Ruhollah Latifi said that China was the second source of
import for Iran in the mentioned month.
The official also announced that China imported non-oil
goods worth US$1.434 billion from Iran in the seventh month of the present
year, adding that China was the second export destination of Iranian products
in that month.
As previously announced by the former head of the Islamic
Republic of Iran Customs Administration (IRICA), the value of non-oil trade
between Iran and China stood at US$18.8 billion in the first seven months of
the current Iranian calendar year.
Mohammad Rezvanifar said that Iran exported non-oil
commodities valued at US$8.6 billion to China in the seven-month period, adding
that China was the top export destination of Iran in that time span.
The official also announced that Iran has imported goods
worth US$10.2 billion from China in the first seven months of this year.
China was the second top source of import for Iran in the
mentioned time span, he added.
In a meeting with Chinese Ambassador to Tehran Cong Peiwu on
October 15, Iranian Finance and Economic Affairs Minister Abdolnaser Hemmati
emphasized the importance of implementing the memorandums of understanding (MoUs)
signed between Iran and China.
In the meeting, held at the place of the ministry, the
Iranian minister followed up on the negotiations that took place during the
BRICS Economic Ministers' Meeting in Samarkand, Uzbekistan, stressing the importance
of implementing the MoUs between the two countries.
He also considered the two countries’ Joint Economic
Committee as a suitable platform for negotiations on economic, trade, and
investment cooperation, and welcomed the holding of the 19th Joint Economic
Committee in Tehran.
Cong Peiwu, for his part, stated that Beijing aims to expedite
the implementation of the MoUs and enhance practical cooperation to deepen
relations between the two countries.
Both sides also highlighted the commitment of their
statesmen to comprehensive development, expressing hope that consultations
between senior officials of Iran and China will continue to expand bilateral
relations.
In late September, Hemmati had also met and held talks with
Chinese Minister of Finance Lan Fo’an, during which the two sides emphasized
the implementation of the two countries’ long-term strategic partnership plan.
Hemmati met with Fo’an on the sidelines of the 9th
ministerial meeting of the Asian Infrastructure Investment Bank (AIIB) members
in Samarkand, Uzbekistan.
In addition to the issues related to the cooperation of the
two countries in AIIB, the two sides discussed the most important issues
related to bilateral relations, especially the follow-up of the results of
previous agreements.
Holding the two countries’ Joint Economic Committee meeting
in the new future was another topic discussed by the two officials.
In this meeting, the ministers of the two countries
emphasized that Iran and China have put a more serious and deeper
implementation of the comprehensive long-term strategic plan of the two
countries on their agenda and will continue this path in the official
interactions of the two countries until concrete practical achievements are
reached.
Also, in a meeting with Iran’s Trade Promotion Organization
(TPO) Head Mohammad-Ali Dehghan Dehnavi on October 28, Chinese Ambassador to
Tehran Cong Peiwu emphasized that his country is willing to strengthen trade
ties with Iran in all fields.
The ambassador emphasized the importance of enhancing trade
cooperation between Iran and China.
He highlighted the necessity of developing trade relations
across all economic sectors and expressed China's willingness to strengthen
trade exchanges with Iran in every field.
Dehghan Dehnavi, for his part, emphasized that trade
cooperation between Iran and China is at its highest level, adding that the
Trade Promotion Organization of Iran is keen to enhance and grow constructive
trade relations between the two countries.
Additionally, he highlighted that Iran's membership in
regional agreements like BRICS and the Shanghai Cooperation Organization will
facilitate trade cooperation.
Dehnavi also underscored the importance of developing
bilateral ties through international exhibitions, technology transfer, and
commercial advancements in the industrial and mining sectors.
It is worth mentioning that Mohammad Aghajanlou, the head of
the Iranian Mines and Mining Industries Development and Renovation Organization
(IMIDRO), was also present at the meeting and shared his insights on developing
joint cooperation between Iran and China in the mining and mineral industries.
He emphasized the importance of transferring modern
technologies from China to Iran, noting that this updated knowledge would
enhance productivity in mining and enable the processing of mineral products
with higher added value.
Moreover, he pointed out that sharing knowledge and
experiences between mining experts and engineers from both countries could help
improve skills and standards in the industry.
Iran and China officially signed the document for 25-year
comprehensive cooperation in March 2021.
The document was signed between Iran’s former Foreign
Minister Mohammad Javad Zarif and Chinese Foreign Minister Wang Yi at the
Iranian Foreign Ministry.
Back in December 2022, Iran and China finalized 16 MOUs
under the framework of the two countries’ strategic 25-year agreement.
The MOUs were signed in an Iran-China comprehensive
cooperation program summit which was held in Tehran on December 13 in the
presence of Iran’s former First Vice President Mohammad Mokhber and China’s
Vice Premier Hu Chunhua.
The summit was focused on four areas explored by four
committees between the two countries with the aim of paving the way for the
implementation of the 25-year agreement.
Iran and China also signed 20 memoranda of understanding in
the presence of the presidents of the two countries in Beijing in mid-February,
2023.