By John Lee.
Iran’s former ambassador to China, Fereidoun Verdinejad (pictured), said about 120 Chinese companies are currently engaged in projects in Iran, according to a report from IRNA.
Adding that trade could easily rise to $50 billion, he said cooperation between the two countries could focus on areas such as reviving the Silk Road, collaboration within Shanghai Cooperation Organization as well as the Asia Economic Development Bank.
(Source: IRNA)
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