NEWS
Banks   Transportation  

Iran, China Poised to Develop Banking Ties

Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati in a Tuesday meeting with Chinese Ambassador to Iran Pang Sen discussed ways to broaden banking relations between Tehran and Beijing.

Abdolnasser Hemmati and Pang Sen called for increasing economic ties between the two countries and accelerating the process of solving related banking problems.

The Chinese envoy said that his country is eager to boost strategic ties with the Islamic Republic in the long run, adding that different programs are on the agenda of the Chinese government in this regard.

For his part, Hemmati said that despite the US efforts to cut Iran’s financial relations, different countries are coming up with various solutions to continue and expand their banking ties with the Islamic Republic.

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.

News No: 2799
Date: 2018/12/04 - 16:29
News Source: FARS News Agency

China  CBI  Abdolnasser Hemmati 

Comments:

Leave a Comment:

   
   
   
 

China atop Iran’s Trade Partners

China, the UAE, Turkey, Germany and India are the top exporters of goods to Iran, supplying more than 57% of the country's imports, according to the data released by the Islamic Republic of Iran Customs Administration.
 

China takes less Russian coal

Chinese imports of Russian thermal coal decreased last year as the country switched to lower-priced material from elsewhere, primarily Indonesia.
 

Recommissioned Aussie mine dispatches first nickel concentrate shipment to China

This week, Panoramic Resources (ASX:PAN) sent out the first shipment of bulk nickel/copper/cobalt concentrate from its Savannah mine in Western Australia to Lianyungang, China.
 

Over 70% of the space of CHINA DIECASTING 2019 & CHINA NONFERROUS 2019 is booked

The second largest die casting show worldwide with 36,900 sqm, gathering the whole die casting value chain in 3 theme halls of SNIEC Shanghai. Leading die casting companies from China and abroad rush to participate at the show - over 70% of the space is sold out.
 

Bolivia picks Chinese partner for $2.3B lithium project

Bolivia has chosen a Chinese consortium to help it produce lithium, the government said on Wednesday, giving China a potential foothold in the country's huge untapped reserves of the prized electric battery metal.
 

Iran, Iraq Finalize Payment Mechanism

Governors of the central banks of Iran and Iraq signed an agreement to develop a payment mechanism aimed at facilitating banking ties between the two neighboring countries.
Upcoming Events
Publications
 Mines & Metals

Mine & Business Today

 Scrap & Recycling

Ahangan

Our partners