TEHRAN (Iran News) –Referring to the Chinese Deputy Prime Minister’s visit to Tehran, the Iranian Oil Minister announced that good agreements were agreed upon with the Chinese side regarding the development of oil and gas fields.
Regarding strategic issues, Iran shares the same opinion with the Chinese side, Javad Owji told reporters on the sidelines of the cabinet session on Wednesday.
Owji made the comments, referring to the Chinese Deputy Prime Minister’s visit to Tehran.
During this trip, good agreements and MoUs were concluded with the Chinese side regarding the development of oil and gas fields as well as joint fields.
Elsewhere in his remarks, Owji spoke about the oil supply of industrial units during the winter days.
“We will not cut off the fuel of any industrial unit in the winter season,” he said, adding that the government will make all efforts to get through the winter without challenges.
Earlier on Tuesday, the Iran-China comprehensive cooperation meeting was held in the presence of the Chinese Deputy Prime Minister Hu Chunhua, and Iran’s First Vice President.
Meanwhile Iranian Deputy Foreign Minister for the Economic Diplomacy Affairs said that the value of trade between Iran and China will reach over $30 billion before the termination of the current year in 1401 (to end March 20, 2023).
Mehdi Safari made the comment on Wednesday and stated that the value of trade between the two countries of Iran and China in the first seven months of the current year (from March 21 to Oct. 22) reached more than $20 billion, $10 billion of which related to Iran’s export of products to this country.
With the agreements made with China, it is expected that Iran’s export of agricultural products will increase to China, he emphasized.
Earlier on Tuesday, Iranian and Chinese officials agreed to facilitate issues in line with strengthening bilateral ties in the field of trade and economy.