Asadollah Asgaroladi,
head of the Iran-China Chamber of Commerce, said money transfer for petrochemical
companies has been facilitated with foreign partners given the efforts exerted
by the Central Bank of Iran, adding there are still some banking troubles and
more endeavors are needed to sort them out.
“The petrochemical
industry is one of the key economic sectors of Iran and there exist vast
relations between Iran and China in this sector given Iran’s 5 billion dollars petrochemical
exports to China,” he said.
He said China
needs Iran’s petrochemical products and the country relies heavily on the petrochemicals
it imports from Iran and Saudi Arabia.
Speaking at a
meeting with visiting Wang Yanguo, Chairman of the Presidium, Vice President
and Secretary General of China International Chamber of Commerce for the
Private Sector (CICCPS), in his Tehran office on Tuesday, Iranian Minister of
Petroleum Bijan Zangeneh said Iran and China enjoy extended relations in energy
sector, calling on Chinese private investors to finance petroleum projects in
Iran.
Mr. Zangeneh
said, "Iran and China enjoy strong and extended relations with Chinese
companies in various parts of the energy sector.
"We are
optimistic that this visit will lead to expansion and strengthening of our
relations and we witness investment of Chinese private investors in Iran besides
enhanced level of trade between the two countries," the Iranian official
said.
Also in the
meeting, Wang Yanguo underlined the age-old relations between Iran and China,
adding China lacks energy resources and Iran, given its vast energy riches, can
help strengthen relations between the two countries.
He also said
that Tehran and Beijing can maintain and strengthen their relations in oil and
petrochemical sectors.