Iran, China relations beyond simple economic ties: Dy Minister

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Deputy Economic and Finance Minister Mohammad Khazaei said that Iran and China ties are beyond simple bilateral economic levels and that during post–sanctions era all opportunities should be used for expansion of relations.

He underlined Tehran and Beijing intension for bilateral relations development and said that in the meeting of think-tanks of the two countries in presence of Chinese high-ranking officials, the issue of Silk Road was considered.
Khazaei said that presidents of Iran and China signed 17 cooperation documents and concerning the Silk Road Plan said that along the route and ‘One Road, One Belt’, which was proposed by Chinese government, 65 countries will be involved including Iran, as one the most accessible countries on the route.
Referring to China’s important economic and political role in the world and region, Khazaei added that establishment of Asian Infrastructure Investment Bank (AIIB) was an initiative of Chinese government, which could act as a reliable resource for Iran foreign financial supply.
The deputy minister recalled that Iran’s effective and constructive presence in regional and global interaction as an economic and political power increased Beijing’s motivation to have strategic relations with Iran, so the visit of Chinese president to Iran has a special signifiance.
President Xi Jinping heading a high-ranking delegation arrived in Tehran on Friday evening.
Memorandum of Understanding (MoU) to promote economic belt of Silk Road and establishment of marine Silk Road in the 21st Century were among documents which were signed by Minister of Economic and Finance Ali Tayyebnia and Head of China Commission of Development and Reforms.
According to official statistics, in 2014, trade exchange volume between Iran and China was 51.851 billion dollars, which showed an increase of 31.5 percent in comparison to the preceding year.

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