Iran, China Discuss Transportation

Experts from Iran and China convened in the Southern Chinese city of Iowa on Sunday to exchange views on challenges and opportunities of the two nations in developing cooperation in maritime and railway transportation.

At present, over 1,000 Iranian businesspeople are active in China of which 300 are members of the chamber of commerce for Iranian residents in the Asian country.

In the event organized by chamber of commerce for Iranian residents in South and East of China, the ways for expanding mutual cooperation in the field of transportation were discussed.

In the gathering, Shanghai also was introduced as the world busiest and biggest harbor city.

In a related front, yesterday, a senior member of the Iranian Parliament underlined that the time-killing by the European states in execution of the Joint Comprehensive Plan of Action (JCPOA) will further strengthen the relations among Iran, Russia and China.

Also on January 08, Iranian Foreign Minister Mohammad Javad Zarif underlined continued cooperation with the European states to launch the Special Purpose Vehicle (SPV) in pursuit of facilitated banking transactions, but meantime, said his country will not wait for the EU and will further expand ties with its other partners like China.

On December 08, it was announced that China's Bank of Kunlun which deals with financial affairs of China National Petroleum Corporation has resumed conducting financial transactions between China and Iran.

Iran and China are enjoying strong bilateral relations, and earlier in September, the two countries launched a 9,000-kilometer-long railway within the framework of new Silk Road Program between the two countries.

The new Iran-China railway used by cargo and service trains connects China's Inner Mongolia to the city of Bam in Southeastern Iran.

During the opening ceremony of the new railway, a cargo train moved from Inner Mongolia logistic and industrial town to the city of Bam. It is estimated to arrive in Bam in 15 days.

The train consists of 41 containers carrying equipment, machineries and car spare parts. The consignment is worth $1.5 million.

In another development, a cargo train left the city of Bayannur in Western Inner Mongolia for the Iranian capital city of Tehran.

The two railways are part of a larger rail network which is to connect China to the Europe via Iran.

source: FARS News Agency