Iranian 1st VP Mohammad-Reza Rahimi Says China to Invest in Iran's Energy Sector

5 Dhul Qa'idah 1430 / Friday 23 Oct 2009 / 01 Aban 1388

TEHRAN (FNA)-

Iranian First Vice-President Mohammad-Reza Rahimi said Thursday that Iranian and Chinese officials have reached on a number of agreements on Beijing's investments in Iran's energy sector.

Speaking in a ceremony to inaugurate the construction project of a dam in the northern Mazandaran province, the first vice-president said Iran welcomed China's involvement in its development projects as Tehran is a major supplier of Bejing's fuel and energy demands.

Rahimi was also quoted by the Islamic republic news agency as saying that during their latest meeting in China, Iranian and Chinese officials reached some agreements on China's investments in Iran's oil and energy sectors up to 20 billion dollars.

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