Envoy: Chinese Traders Keen to Invest in Iran


Envoy: Chinese Traders Keen to Invest in Iran

TEHRAN (Tasnim) – Beijing Ambassador to Tehran Yu Hongyan on Wednesday voiced the Chinese traders' willingness to invest in Iran, saying that during his visit to different Iranian provinces he will study the existing capacities for the further expansion of Iran-China trade ties.

Addressing a meeting with a group of traders and investors in Anzali Free Economic Zone, north of Iran, Hongyan said his embassay is trying to pave the ground for the activities of Chinese traders and investors in Iran, Anzali economic zone in particular.

“We will try to prepare the ground for the further presence of Chinese investors in Anzali Free Zone (AFZ) through close relations and consultations," he noted.

He said the AFZ enjoys good specifications for attracting foreign investment.

The Chinese ambassador who was in Iran's northern province of Zanjan the day before yesterday said during his visit to different Iranian provinces he will study the existing capacities for the further expansion of Iran-China trade ties.

In related news, head of Zanjan Chamber of Commerce announced Monday that an economic delegation from Iran’s northern province of Zanjan was scheduled to pay a visit to China within the next few months.

Speaking in a meeting with the Chinese ambassador to Iran on Monday evening, Gholamhossein Jamili said that Zanjan province has high potentials in mining industries and in processing mining products.

He said the economic capacities of the province cannot be ignored, and described Zanjan's capacity in textile industries as "desirable".

As the interim nuclear deal between Iran and the Group 5+1 has given rise to optimism that the western sanction would eventually be lifted, representatives from some Chinese firms and investment agencies visited Tehran in December 2013 to look into ways of cooperating with Iran.

In recent years Iran-China trade has grown steadily commensurate with China’s growing reliance on foreign energy and Western companies leaving the Iranian market.

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