Iran General NewsIran’s exports to China rise by 40%

Iran’s exports to China rise by 40%


ImageIran Focus: Tehran, Jan. 17 – The level of Iran's exports to China has seen a 40% rise in the last 9 months, state media quoted an Iranian trade official as saying on Sunday. Iran Focus

ImageTehran, Jan. 17 – The level of Iran's exports to China has seen a 40% rise in the last 9 months, state media quoted an Iranian trade official as saying on Sunday.
"The (total) volume of Iran's exports to China stood at $2.1 billion in the 9 months of this (Iranian) year (ends March 20). The volume was $1.5 billion during the similar period last year", Amir Talebi was quoted as saying by the state-run Fars news agency.
Economic relations between China and Iran have seen a steep rise in recent years. A number of Chinese firms are involved in major construction projects while China has signed an estimated $120 billion worth of oil deals over the past five years, and trade between the nations rose 35% last year to a total of $27 billion.
This huge increase in trade between the nations comes despite sanctions being in place against Iran over its nuclear activities. Analysts have indicated that watered down sanctions which have not been strictly enforced are permitting Chinese trade at such a level.
On Saturday diplomats from the P5+1 group met in New York to discuss the potential for further sanctions against Iran over its nuclear program. China in what was seen by many as a snub to the other nations sent a low level diplomat to the talks as the economic deals set up between China and Iran seemed to take precedent over fears relating to Iran’s nuclear program.

Latest news

What Gas Poisonings In Iran Tell Us About The Ruling Regime

For months schools in Iran have been in the crosshairs of gas attacks against the country’s children. The mullahs’...

Iran’s Regime Inches Toward Nuclear Weapons

Iran’s regime is once again at the center of a dangerous escalation of the proliferation of nuclear weapons. A...

US Congress Expresses Support for Iranian People’s Quest for a Democratic, Secular Republic

Several bipartisan members of the U.S. House of Representatives have presented a resolution (H. RES. 100) supporting the Iranian...

Wave Of Poisoning Attacks Against Schools Leave Hundreds Sick

Iran has been shaken for three months by serial poisoning attacks against all-girls schools, which has left more than...

Iranian Security Forces Beat Baluch Doctor To Death

On Thursday, February 23, activists in Sistan and Baluchestan provinces reported the news of the death of Dr. Ebrahim...

World Powers Should Hear The Voice Of Iranians, Not Dictators And Their Remnants

Iran’s nationwide uprising continues despite its ups and down. The clerical system’s demise no longer seems a dream but...

Must read

Iran arrests quake survivors after protests

Iran Focus: Tehran, Iran, Apr. 03 – Iran’s security...

Iran releases students who stormed British embassy

AP: Iran has released 11 hardline protesters detained for...

You might also likeRELATED
Recommended to you