Showing posts with label investment. Show all posts
Showing posts with label investment. Show all posts

Friday 27 October 2023

Iran: Chinese investment in railway and renewable energy projects

First Vice President of Iran on Thursday discussed the strengthening Tehran-Beijing ties with Premier of the People’s Republic of China Li Qiang in Bishkek, Kyrgyzstan. The meeting was held on the sidelines of the 22nd session of the Council of Heads of Government of the Shanghai Cooperation Organization (SCO). Iran officially became a full member of the SCO in April 2023.

Mohammad Mokhber said the relations between Iran and China rooted in history and culture and said Iran has extensive capacities and capabilities that can be put to use in the two countries’ ties. 

Mokhber announced that Iran sees the development of ties with China as extremely important. “The development of Makran and Chabahar coasts, the construction of 15,000 megawatts of renewable power plants, mining development, Tehran-Mashhad and Tehran-Isfahan high-speed train projects, and transit cooperation in the west and east are all on Iran's agenda, and we welcome China's participation and investment in these areas,” the official noted. 

The vice president also emphasized the full implementation of the 25-year cooperation agreement between Iran and China. The deal signed in 2021 includes economic, military and security cooperation.

Mokhber also took the time to thank Beijing for its stance on Israel’s brutal attacks on Gaza which have so far resulted in the death of more than 7,000 civilians. 

“The bitter events in Gaza and Palestine hurt the heart of every noble, free, and conscientious person, and unfortunately, in the current chaotic situation and war crimes being committed by the Zionist regime in Gaza, most of the casualties are among civilians, women, and children”. 

The Chinese premier, for his part, described Iran as one of the major and influential countries in the West Asian region. “Iran's full presence and membership in Shanghai and BRICS will strengthen these organizations and be very useful for regional and global peace and stability,” he said. 

“The relations between the two countries have always had a growing trend since the establishment of political relations fifty years ago, and this year important agreements have been concluded between Tehran and Beijing with two meetings between the presidents of the two countries,” Li said, adding that Beijing regards Tehran as an important partner and seeks to further enhance ties with the West Asian country.