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China 's machinery exports to Iraq usher in opportunities

Iranian history has played a bridge between China and the West to strengthen ties. Today, Iran with a wealth of history, economic and cultural resources, in the area along the way to play a unique role. In recent years, high-level exchanges between China and Iraq have been frequent and political mutual trust has been continuously enhanced.

As an important economic and trade partner of China in the Middle East, Iran is also an important partner for China to push forward in the Middle East. Iran has expressed its willingness to work with China in the same area in the construction of docking development plan, in this framework continue to promote international production capacity, infrastructure, interoperability and other areas of cooperation.

China is Iran's largest trading partner, is Iran's industrial and agricultural products, the most important source of imports, in China; along the way to build all the way forward, China-Iraq bilateral relations ushered in a better development opportunities, which to 2017 China's trade fair held in China and China's exports of mechanical products to create an excellent opportunity.

Mechanical products trade potential

It is understood that agriculture in the Iranian national economy occupies an important position. Iran is rich in agricultural resources, however, Iran's agricultural production of modern equipment is insufficient, operating mode backward, agricultural machinery, fertilizer, pesticides and other agricultural production factors are mostly imported, and far from the world average. According to reports, Iran's agricultural mechanization is low, the integrated harvester and tractor holdings were only 12,000 units and 300,000 units. Gao Yu's experience shows that the two sides in the machinery trade has great potential.

Agricultural mechanization not only increases production but also reduces production costs. Iranian agriculture department head recently said that in the 2017 financial year, the Iranian government will invest about 396 million US dollars to speed up the process of agricultural mechanization. "This year, the government's investment in agricultural mechanization has increased by 25 percent over the previous year," said Cambi Abasi, head of the agricultural mechanization division of the Iranian Ministry of Agriculture.

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