Iran, China stress solving banking issues

Iran, China stress solving banking issues

TEHRAN: The head of the Central Bank of Iran and the ambassador of China in Tehran emphasized on resolving the mutual banking problems.

"Despite the attempts by the United States to cut Iran's commercial ties with the world, several countries have proposed methods to keep and expand their banking relations with Iran," said Abdulnaser Hemmati in a meeting with the Chinese envoy Pang Sen.

Hemmati said the US government's measures had not been able to have their desired effects in Iranian economy.

Pang said that China was interested in expanding its long-term strategic ties with Iran.

China is the biggest economic partner of Iran. About $6.5bn of goods has been exported to China since the beginning of the Iranian year (starting March 20).

Iran has imported $7.38bn of goods from Iran in the same period.