Chinese firms seek safe investment in Iran: Envoy

Chinese Ambassador to Iran Cong Peiwu has announced that Chinese firms are interested to invest in Iran providing that a transparent and secure atmosphere is ensured.
In a meeting with the Iranian media delegation that recently traveled to China’s Qinghai Province, the ambassador stated that Chinese companies are eager to invest in Iran, however, they seek a transparent and stable investment environment.
The presence of these companies in Iran benefits not only China but also Iran, he added.
Peiwu also said that Iran’s participation in Chinese exhibitions is reaching record levels, and large Chinese companies are actively participating in various Iranian exhibitions, such as those focused on oil and auto parts.
The envoy emphasized the role of private companies, stating that during China’s modernization process, the country’s Open-Door policy is becoming more expansive, creating greater opportunities for the relations between the two countries.
He added that for several consecutive years, China has been Iran’s largest trading partner and is one of the most important destinations for Iranian exports. The volume of trade between China and Iran exceeds the trade volume Iran has with all European countries combined.
Peiwu said that the comprehensive 25-year cooperation document between Iran and China could play a positive role in the relations of the two countries, a role that will become evident in the near future.
The two sides signed the landmark 25-year partnership agreement in March 2021 in a bid to strengthen their long-standing economic and political alliance.
The deal sets the outlines of Sino-Iranian cooperation in political, cultural, security, defense, regional, and international domains for the period in question.
Referring to the collaboration between the two countries under this comprehensive strategic document, the ambassador said that Chinese President Xi Jinping, in his congratulatory message to Iran’s newly elected President Massoud Pezeshkian, explicitly expressed a desire to work with Iran and deepen the comprehensive partnership between the two countries.
The Iranian president-elect welcomed this and outlined Iran’s foreign policy, emphasizing that he cherishes the traditional friendship between the two countries.
Peiwu commented on the fate of the 25-year agreement following Donald Trump’s ascension to power in the United States, stating, “We are always opposed to some Americans using China’s relationship with Iran as a pretext during the electoral process.”
He emphasized the need for strong confidence in facing external challenges and the importance of executing plans. The envoy believes that through joint efforts between China and the new government in Iran, a bright outlook for this program can be achieved.
Peiwu noted that cooperation between the two countries on regional and international issues has increased, allowing them to continue their collaboration within the frameworks of the Shanghai Cooperation Organization and BRICS.
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