Rostam
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China, Turkey Ready for Joint Venture in Iran
TEHRAN (FNA)- China and Turkey have announced their preparedness to jointly invest in an irrigation project in Marand city, Northwestern Iran, an Iranian MP said on Saturday.
"Fortunately, the permission for financing the project has been issued and China and Turkey will invest 25,000bln rials ($1bln) for transferring the water of Aras (river)," member of the parliament's Economy Commission Mohammad Hassannejad told FNA on Saturday.
He said that implementation of the water transfer and channeling project will create 30,000 jobs for the people of Marand and Jolfa cities and will lead to an economic evolution in the region.
China, like Turkey, has consistently opposed the US pressures on Iran and the West's economic sanctions imposed on the Iranian financial sector and petroleum products.
Both countries have refused to comply with US requests to decrease oil imports from Iran and instead have increased their trade with the country
Trade between Iran and China in the past year was estimated at $45 billion.
Also media reports said today that Turkey's oil imports from Iran stood at 100,000 barrels per day in December which showed no change compared with the previous month, November.
Fars News Agency :: China, Turkey Ready for Joint Venture in Iran
TEHRAN (FNA)- China and Turkey have announced their preparedness to jointly invest in an irrigation project in Marand city, Northwestern Iran, an Iranian MP said on Saturday.
"Fortunately, the permission for financing the project has been issued and China and Turkey will invest 25,000bln rials ($1bln) for transferring the water of Aras (river)," member of the parliament's Economy Commission Mohammad Hassannejad told FNA on Saturday.
He said that implementation of the water transfer and channeling project will create 30,000 jobs for the people of Marand and Jolfa cities and will lead to an economic evolution in the region.
China, like Turkey, has consistently opposed the US pressures on Iran and the West's economic sanctions imposed on the Iranian financial sector and petroleum products.
Both countries have refused to comply with US requests to decrease oil imports from Iran and instead have increased their trade with the country
Trade between Iran and China in the past year was estimated at $45 billion.
Also media reports said today that Turkey's oil imports from Iran stood at 100,000 barrels per day in December which showed no change compared with the previous month, November.
Fars News Agency :: China, Turkey Ready for Joint Venture in Iran
