A major Chinese agricultural firm Liaoning Wellhope Agri-Tech Joint Stock Co Ltd and the leading Iranian engineering company Abzi Gostar Mobtakeran Tehran have signed a Memorandum of Understanding to set up a joint venture in Iran.
The above cooperation comes after the official visit of China’s President, Xi Jinping in Tehran in late January where high-ranking officials from the two countries signed 17 cooperation agreements and memorandum of understanding in an attempt to boost cooperation between the two countries in diverse economic and political fields.
Source: Iran-Business News