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China Keen to Boost Cooperation with Iran

Service : Politic
TEHRAN, July 17 (ICANA) – A senior official of China's communist party reiterated Beijing's enthusiasm for the further expansion of cooperation with Tehran, underlining that development of Iran-China cooperation will serve the interests of both nations as well as the region.
Sunday, July 17, 2011 2:20:20 PM
China Keen to Boost Cooperation with Iran

He Guoqiang, a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee and secretary of the Central Commission for Discipline Inspection of the CPC, made the remarks in a meeting with Iranian President Mahmoud Ahmadinejad in Tehran on Saturday.

Stressing the positive and constructive relations between the two countries, Guoqiang said, "Today, 40 years after the establishment of these relations, the two countries have gained good achievements and effort should be made to expand these relations in all fields."

He underlined that expansion of relations with Tehran is one of the priorities of Beijing, and said China considers Iran as its close friend and trade partner.

Iran and the People's Republic of China established diplomatic relations in 1971.

China is a major trade partner of Iran. The two countries are endeavoring to enhance their bilateral trade ties significantly. Crude supplies constitute a major part of Iran's exports to China.

Iran is currently China's third largest crude supplier, providing China with roughly 12% of its total annual oil consumption needs - nearly one million barrels per day.

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