A Memorandum of Understanding on the development of industrial and trade cooperation was signed between Iran Small Industries and Industrial Parks Organizations and the China International Small and Medium Enterprises Fair.

Iran PressIran News: The Memorandum of Understanding on the Development of Industrial and Trade Cooperation, held online, was signed by Asghar Masaheb, Member of the Board and Deputy Chairman of t Small Industries and Industrial Parks Organizations of Iran, and Chen Jongjian, Chairman of the  China International Small and Medium Enterprises Fair.

Mohsen Salehnia, head of Small Industries and Industrial Parks Organizations of Iran, at the signing ceremony of this memorandum, while emphasizing the development of cooperation between small industries in Iran and China, said: "So far, more than 50 Iranian companies have participated in the China International Small and Medium Enterprises Fair."

"Iran is Beijing's most important economic and trade partner in West Asia," said Wu Hong, deputy director-general of China's Guangdong Information Technology and Industry Organization.

Wu Hong added: "The signing of this memorandum symbolizes the joint efforts of China and Iran for the long-term development of cooperation and assistance to small and medium-sized industries for development in the markets of the two countries."

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