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Iran, China Ink $17 Billion In Deals

Asadollah Asgarowladi, director of the Iran-China trade bureau, has said that China has signed 18 economic contracts, worth $17 billion, with Iran in the areas of technology, engineering, infrastructure, and trade.

Iran's Press TV reported that in 2008 there was $29 billion in trade between the two countries.

Source: Press TV, Iran, May 18, 2009

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The Middle East Media Research Institute (MEMRI) Blog features brief news items from Arabic-, Farsi-, Urdu-, Pashtu- and Turkish-language news media sources.

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