TEHRAN June 22 (MNA) -— Iran and China trade hit four billion dollars last year, said deputy Trade Minister for International Affairs Abdul Hossein Vaha’ji here Sunday, Fars News Agency reported.
“Iran exported 2.5 billion dollars of crude oil and 225 million dollars worth of non- oil products to China during the past year.”
Vaha’ji stressed that in light of China’s increasing demand for Iranian oil a long-term program will be devised aimed at boosting bilateral ties between the two countries.
Elsewhere in his remarks, the deputy minister asserted that the Iranian private sector’s meager presence in economic development projects was the weak point of Iran-China trade relations.
According to the report China exported 1.5 billion dollars worth goods to Iran in the past year.
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