Minister of Industry, Mine and Trade of the Islamic Republic of Iran Reza Fatemi Amin says that economic cooperation with China can give Iran some major benefits.
In an interview with the Iranian television on Monday, Fatemi Amin referred to the importance of Iranian trade ties with China by mentioning the fact that the East Asian country has a very large economy with a foreign trade volume of nearly $6.3 trillion and a gross domestic product of $17 trillion.
“A very important issue is that this country (China) has entered all kinds of industrial and technological fields and has a diverse range of products,” he said.
The minister said that China has become an expert in a wide range of economic, manufacturing and technological activities unlike some countries that have specialized in one or two areas of the economy.
“The second issue is that China considers itself to have an independent position and they are obviously focused on the Chinese civilization, and they do not follow the European, Western and American countries,” he said.
Further in his remarks, Fatemi Amin said that Iran expects its trade volume with countries like Belarus, Iraq, Oman, and some African countries to increase in the upcoming years.
He said some 60 African and 30 Russian business delegations have come to Iran since the beginning of the current Iranian calendar year in March.
