Managing Director of Qeshm Free Zone Organization Afshar Fathollahi said on Saturday that plans are underway to facilitate investment by Chinese companies on the Persian Gulf Island of Qeshm, southern Iran.
He made the comment in a meeting with Chinese Ambassador to Iran Chang Hua in Qeshm.
Fathollahi said that Qeshm Island has a special geopolitical position and possesses various economic capabilities, which make it a good place for investment by foreign companies including Chinese firms.
The official referred to the opening of the Chinese consulate general in Bandar Abbas, the capital of Hormuzgan Province where Qeshm Island is located.
He said that the opening of the diplomatic mission helps bring economic benefits for Hormuzgan as well as Qeshm, with the island being capable of hosting an independent office to offer services to Chinese investors as it can apply regulations exclusive to free zones.
The ambassador, on his part, said that the Chinese Embassy will put on its agenda plans to increase economic cooperation between the two countries.
He also said that China condemns Western sanctions against Iran, stressing that Tehran-Beijing relations will continue regardless of the fate of the negotiations aimed at reviving the 2015 Iran nuclear deal, known as the Joint Comprehensive Plan of Action (JCPOA).
