Chairman of Iran-China Joint Chamber of Commerce Majid Reza Hariri said that Iran has plans to launch three trade centers in China in the next Iranian calendar year which begins in March 2022.
Hariri made the remarks in an exclusive interview with Iran Chamber newsroom.
He said that the Iran-China Joint Chamber has scenarios for every condition – whether the sanctions on Iran are lifted or the negotiations with the G4+1 fails and the sanctions on the country remain in place.
“If an agreement is reached in Vienna today, Iran’s volume of trade with China will more than double in 2022,” Hariri said.
Noting that Iran-China trade reached a record high of $51.8 billion in 2014, Hariri said that the figure has now decline to one third of that figure to $16-17 billion.
Trade between the two countries will increase quickly in case the sanctions are lifted, he said.
He however noted that if the negotiations fail, the Iran-China Chamber will implement a 2019 national project for boosting non-oil exports. Hariri said that the outbreak of the coronavirus disease prevented the Chamber from an immediate implementation of the scheme as it required businesspersons from both side to commute between the two countries.
He believed that if travelling problems between the two countries are resolved next year, the volume of bilateral trade will increase 35% each year so that regardless of the sanctions, Iran-China trade will reach $60 billion within five years.