Publish Date: 12 October 2015 - 20:51

TEHRAN, Oct. 12 (MNA) – Iran's Minister of Economic Affairs and Finance stressed development of economic and banking relations in meeting with his Chinese counterpart.

On the sidelines of the annual meetings of the World Bank Group and the International Monetary Fund in Peru, Ali Tayebnia met and talked with the Chinese Finance Minister Lou Jiwei.

Pointing to the good relationships between the two countries and the Chinese president’s upcoming visit to Iran, Tayebnia stated that, “the removal of sanctions will not reduce the level of relations between Iran and China but it could be a means of expanding mutual economic relations.”

He further expressed Iran’s readiness to develop financial and banking cooperation on the basis of the new conditions as well as common international relations.

Referring to the formation of a joint economic commission in near future, Tayebnia stressed the need to set priorities for the cooperation program.

Iran’s economy minister also noted the Silk Road project proposed by the president of China and announced Iran’s willingness to cooperate with the Chinese government in this great project.

The Chinese Finance Minister, for his part, congratulated Iran on the successs in nuclear talks with 5+1 countries deeming it an important achievement and expressed his government’s readiness to further develop collaborations with Iran.

Lou Jiwei also appreciated Iran’s presence in the negotiations for the establishment of the ‘Asian Infrastructure Investment Bank’ and asserted that, “the bank can provide the necessary financial resources for the upcoming joint projects in near future.

The Chinese official expressed satisfaction towards the active participation of large Chinese companies in Iran and the Chinese government’s determination to invest in Iran’s infrastructure projects.

 

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