Iran-China Economic Committee to Meet in Tehran

TEHRAN (FNA)- The 13th meeting of Iran-China Joint Economic Committee will be held in Tehran on November 8-9.

Iranian and Chinese commerce ministers will head their respective delegations.

It is expected that memorandums of understanding will be inked on economic, trade, and cultural cooperation.

The 12th committee was held in Beijing in April 2004.

A Chinese delegation paid a visit to Iran to prepare the ground for the committee, the Islamic republic news agency reported on Monday.

Iran and China trade exchanges exceeded 20 billion dollars in 2007 and are expected to reach nearly 26 billion dollars by the end of 2008.

Iran supplies 13 percent of china’s imported oil.