Meeting of economy ministers of Iran and China takes place

The 14th meeting of the joint Iranian-Chinese commission on trade and economic cooperation took place in Beijing, Iran.ru reports.

The meeting was held at the Ministry of Commerce of China, chaired by the Minister of Economy and Finance of Iran, Seyed Hosseini Shamseddina, and the Chinese Minister of Commerce, Chen Deming.

After the meeting the Iranian and Chinese sides co-signed a memorandum on trade and economic cooperation.

The volume of trade turnover between the two countries in 2010 reached $30 billion.