Tehran (IP) - Iranian Finance and Economic Affairs Minister said on Tuesday that President Raisi's African tour has opened the door of opportunity for Iranian manufacturers, economic activists, and exporters.

Iran PressIran News: Ehsan Khandouzi who is the government's economic spokesman in his weekly briefing, said: "African Market is one of the most important opportunities for Iranian economic activists."

"The President's African tour has opened the door of opportunity for the Iranian manufacturers and the exporters",  Iranian Finance Added.

Elsewhere he called Africa "the land of new opportunities" for the Islamic Republic of Iran in the economic field.

Khandouzi further stated that President Raisi's administration is aimed at restoring the potential capacities to fill the gaps created before.

Iran's government economic spokesman said that Iran's share of trade at the end of the previous government was only 600 million dollars, but in the 18 past months, Iran's trade with African countries increased to 1 billion 200 million dollars.

Khandouzi also rejected fixed prices for petrochemical products and said: The price of petrochemicals should have a formula to include all local and international ups and downs.

"The price can be calculated for the next three years so economic units can predict their profits," Iran's government economic spokesman stressed.

Iran - China joint projects entered a new phase

According to the Minister of Economy, Iran's economic delegation visited China in the past few days, and the ministries of Iran and China confirmed the implementation of the agreed projects.

Seyyed Ehsan Khandozi, Minister of Economy, in a press conference on Tuesday and in response to a question from an Iran Press reporter said: 24% of Iran's trade is with China as the largest trading partner.

Referring to President's past visit to China, Khandozi said: The strategic agreements of the President's visit were brought up and the ministries were supposed to agree on the projects and their implementations.

He added: Projects between ministries in the field of energy, industry, and trade (industrial, basic goods) were finalized.

Khandoozi emphasized: During this trip and in the meeting with China’s Minister of Commerce, some obstacles were examined and in the meeting with the Deputy Prime Minister of China, we talked about the implementation of 25 years Iran, china document of cooperation.

Khandozi stated: During this trip, some Chinese companies that have shares in the Iranian market had proposals that were resolved in the economic meetings.

We also had a meeting with the Iranian activists in the Chinese market to remove the barriers to their economic activity.

Referring to the visit of the economic delegation of Iran to China, Khandozi said: "Holding the joint commission on cooperation between Iran and China took place during this trip, and good agreements were reached for the agreed projects."

On the trip, good agreements were made that we will see good developments in the coming months when the projects start working.

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