Iran And Persian Gulf Retail Buyers To Get Direct Access To Chinese Manufacturers

Iran will host China TradeWeek-Iran from 22nd to 24th, September, 2016 at Tehran Municipality's Specialized Exhibition Centre, Iran for the first time.

This leading event will feature Chinese manufacturing companies looking to connect and do business with and supply local and regional sourcing, buying and purchasing professionals from the Iran and Persian Gulf's retail chain stores, wholesalers and import export organizations.

After having settled Iran interim and Iran reached an agreement with the US, and it is now open for business again. Iran is a major regional and middle power,exerting considerable influence in international energy security and the world economy through its large reserves of fossil fuels, which include the largest natural gas supply in the world and the fourth-largest proven oil reserves.

Iran is China’s most main abroad market, importing overseas project contracting, technology and sets of equipment. In 2000, bilateral trade volume between Iran and China reaches $2.4868 billion, in which China imports to $1.773 billion, exports of $713 million, which is a new record. In 2013, bilateral trade volume has completed $39.542 billion, whose growth race is 8.43%. In the first half of 2014, the bilateral trade volume is $26.875 billion, almost 50% higher than the same period of last year. According to China's ministry of commerce statistics, at the end of June, 2014, China's total investment stock in Iran is $3.492 billion while there is $108 million stock of Iran's investment in China.

There are many small to large retail companies in the Persian Gulf who would like to source a wide variety of products directly from mainland China rather than through middle men or agents. The cost of sourcing a reliable

manufacturer in China can be considerable. Generally this type of sourcing is done via the internet, which has its own inherent risks, or by visiting China.

The 2016 China Trade Week-Iran will feature a wide variety of categories encompassing just about every type of product that any retail outlet might need to source, in a number of key areas including: home electrical and electronics, kitchenware, homeware and furnishings, gifts and toys, sports equipment, leisure products, health and beauty products, office equipment and furniture, luggage and travel equipment, lighting, clothing and textiles, fashion accessories, ceramics and glassware and automotive parts and accessories.