Chinese firm eyes investing in Iran iron mines

EghtesadOnline: Many Chinese firms are interested in investing in Iranian iron mines to produce iron ore and concentrates, the Middle East Manager of China Huadong company says.

News ID: ۷۷۷۷۰۵

16 July 2017

Shi Ling Ren made the remarks on Saturday in a meeting with member of National Security and Foreign Policy Committee of Iranian Parliament Morteza Saffari Natanzi.

According to IRNA, Ling Ren expressed hope for continued consultations to remove road blocks on the way of investment.

Meanwhile, Natanzi addressed the meeting, saying Iranian parliament supports developing economic relation with China.

He also pointed to the law approved in Majlis on supporting foreign investment as a positive step in that regard.