China, Iran cooperation under BRI termed mutually beneficial

TEHRAN: It is mutually beneficial to advance Iran-China cooperation within the framework of the Belt and Road Initiative (BRI), which could accelerate both Iran’s development and the China-proposed initiative’s implementation, a senior Iranian business leader told.
The deepening of cooperation between Iran and China under the BRI could help promote “the country’s infrastructure, particularly in the transportation sector, such as roads, railways, ports, airports and means of transportation,” said Majidreza Hariri, president of the Iran-China Chamber of Commerce and Industries (ICCCI). “Such collaborations would also help boost employment in Iran, which is among the problems faced by the country’s youths as well as educated and skilled workforce,” he added.
In addition, Iran’s participation in the BRI helps develop the country’s mining sector, thus increasing their share in the domestic economy, he said.
“Iran’s ideal geographical position is the first and most important advantage,” which makes the country’s participation in the BRI beneficial for the China-proposed initiative, as it appropriately connects West Asia to East Asia through land and sea, Hariri said.
Among Iran’s other advantages include the country’s good political and economic relations with its Eastern and Western neighbors, he said. – Agencies