China and Iran are each other’s important trading partner. Over the past few years, under the strategic guidance of President Xi Jinping and President Raisi, China-Iran trade and economic relations have maintained a sound momentum of development despite unfavorable factors. In 2022, bilateral trade volume hit US$15.8 billion, up by 7% year on year. China has been Iran’s largest trading partner for 10 consecutive years. China and Iran have leveraged economic complementarities to advance Belt and Road cooperation and contribute to the economic and social development in the two countries and the region at large.

During President Raisi’s visit, China and Iran had an in-depth exchange on promoting the development of commercial ties and delivered a series of positive outcomes. Going forward, we will work with Iranian counterparts to implement the important consensus reached by two Presidents in trade and economic fields, deepen practical cooperation on trade, and import more quality products from Iran. We will continue to carry out Belt and Road cooperation with Iran and strengthen cooperation within multilateral frameworks such as the Shanghai Cooperation Organization so as to create new drivers for deepening China-Iran comprehensive strategic partnership. Thank you.