BEIJING, July 14 (MNA) – Chinese Assistant Foreign Minister Zhai Jun estimated the Iran-China trade value to hit 30 billion dollars by the end of 2008, IRNA reported on Monday.

In his meet with the Iranian deputy foreign minister for parliamentary and international affairs, Seyed Mohammad-Ali Hosseini, the Chinese official expressed satisfaction over the growing trend of bilateral economic ties.

 

The value of trade between the two countries stood at 12 billion dollars at the end of the fifth month of the current year, he said adding that the figure is expected to reach 30 billion dollars by the year end.

 

Statistics show the volume of trade between Iran and China has increased by 57 percent within the first five months of the current year compared to the correspondent period in 2007, he noted.

 

MG/MRK

END

MNA

News Code 28969

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