TEHRAN, May 27, YJC - The volume of trade exchanges between Iran and China grew by 50 percent in the first four months of 2017.
TEHRAN, Young Journalists Club (YJC) -
Over recent years, commercial exchanges between the two sides reached 66.35 million tons, showing rise in both volume and value.
China has been Iran’s first crude importer in 2016, 63.1 percent of Iran’s whole exports to China.
Commercial exchanges between the two countries grew by 49 percent in the first 4 months of 2017, showing 49 percent rise comparing to similar period last year, reaching $12.1 billion from $8.1 billion.
The two sides had already vowed to increase bilateral trade exchanges to $60 billion annually which needs settlement of some banking challenges and issuing visa.