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Iran set to show strong presence at China’s Import Expo 2024
The CIIE 2024 will be held in Shanghai from November 5-10, 2024 at the National Exhibition and Convention Center in Shanghai. According to Hassanzadeh, the expo presents a valuable opportunity for Iranian traders and businessmen to explore collaboration avenues and gain firsthand knowledge of China’s capabilities.
The head of the Chamber outlined various cooperation opportunities, underscoring the potential for collaboration in maritime transportation and strengthening economic and trade infrastructure.
He also referred to the recent inauguration of Iran’s 14th administration, led by President Masoud Pezeshkian, emphasizing the potential for the president to further strengthen Iran-China economic and trade relations.
Pezeshkian, in July, considered the agreement to be “a significant milestone towards establishing a mutually beneficial comprehensive strategic partnership,” noting, “We look forward to collaborating more extensively with Beijing as we advance towards a new global order.”
Hassanzadeh highlighted Pezeshkian’s proactive approach and specific focus on international relations, as well as his strong resolve to realize the full potential of the 25-year agreement between the two countries.
He urged the Chinese ambassador to put prioritization of the implementation of the 25-year agreement’s provisions on the agenda of Chinese authorities, noting that past agreements have yet to be operationalized. Hassanzadeh emphasized the importance of joint investment, highlighting the capabilities of both countries in such sectors as petrochemicals, gas, oil, automotive, and space industries, and suggested the need for joint ventures in these areas.
Iran and China signed the landmark 25-year partnership agreement in March 2021 in a bid to strengthen their long-standing economic and political alliance.
The deal, which had been announced during Chinese President Xi Jinping’s visit to Tehran back in 2016, sets the outlines of Sino-Iranian cooperation in political, cultural, security, defense, regional, and international domains for the period in question.
Furthermore, Hassanzadeh proposed that China could invest in Iran’s copper industry, as well as in aluminum and power plant sectors, where similar investment opportunities exist.