January 18, 2022

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3 Iranian Trade Centers to Be Launched in China 2022

3 Iranian Trade Centers to Be Launched in China 2022
3 Iranian Trade Centers to Be Launched in China 2022

  Head of Iran-China Trade Center Majid Reza Hariri says three Iranian trade centers will be launched in China in 2022 which will help the non-oil goods exports to China.

TEHRAN (Iran News) –  Head of Iran-China Trade Center Majid Reza Hariri says three Iranian trade centers will be launched in China in 2022 which will help the non-oil goods exports to China.

Speaking to the news website of ICCIMA, Hariri explained the programs of the chamber for promoting non-oil exports to China in the sanctions era and announced the launch of three Iranian trade centers and holding exhibitions on Iranian goods in China in 2022.

He said that the chamber has plans for two scenarios of sanctions and removal of sanctions era in case the Vienna talks fail, adding that if today the parties in Vienna talks reach agreement, the trade volume of Iran and China will be more than double next year and it will be accelerated.

He went on to say that Iran-China’s highest trade volume was set in 2014 when their trade hit $51.8b but today it has declined to around $17b which means one-third of the historic record and the trade can bounce back immediately when the sanctions are removed.

Hariri said that if the Vienna talks fail, then the chamber will implement the project for promoting national non-oil exports to China which has been signed in 2019, adding that unfortunately the project did not come into effect in 2019 because of the COVID pandemic because its implementation needed exchange of traders.

He noted that the chamber has had meetings with foreign ministry and Iran’s Trade Promotion Organization (PTO) for implementing this scenario, adding that next year three Iranian trade centers will be inaugurated in China which will be used as the platform for permanent exhibition of Iranian goods. He added that the chamber has prepared certain mechanisms for trade of certain goods which will come into effect in the centers. He added that the chamber so far has predicted 12 stores as the trade centers to put on display Iranian products in China, adding that the licenses for these stores will be issued by the chamber and PTO and their launches will be pursued by Iranian and Chinese investors.

Hariri went onto say that the chamber has prepared good plans for trade exchange between Tehran and Beijing in order that they cannot face any problems due to the sanctions.

He reiterated that if the problem of travel between Iran and China is solved next year, their trade volume will increase by 35% and while the country is under sanctions, it can boost its trade volume with China to $60b in 5 years.

Original News : https://irannewsdaily.com/2021/12/3-iranian-trade-centers-to-be-launched-in-china-2022/

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