A joint session between a Chinese trade delegation and Iran’s Gold, Jewelry, Silver and Precious Stones Producers and Exporters Association was held and the two sides agreed to sign MoUs to launch joint cooperation given China’s vast gold reserves as well as its capabilities in technologies associated with jewelry manufacturing.
Chairman of Gold, Jewelry, Silver and Precious Stones Producers and Exporters Association Abdollah Mohammadvali noted “it was agreed during the session that China will collaborate with Iran on importing machines available for cutting precious stones and certain actions will be taken in the short run.
“China possesses good mines and massive gold reserves,” highlighted Mohammadvali asserting “importing of raw materials was also dealt with as a joint Memorandum of Understanding (MoU) will be signed after conducting necessary studies.”