An official with the Hong Kong Trade Development Council (HKTDC) said closer business ties with Iran following a lasting nuclear deal between Tehran and world powers would enable the city to tackle the downturn in the seaborne sector.
“A lot of people have been dealing with Iran through third parties,” said Stephen Wong of the HKTDC. “Now that sanctions are taken away, Hong Kong will benefit … I’m sure that the trade will grow.”
He further said that freight activity with Iran was expected to include multiple areas such as food products and consumer goods.
Hong Kong, one of the world’s biggest container ports, expects to benefit from China’s new Silk Road initiative aimed at developing trade and transport links across Asia and beyond.
In 2013, Chinese President Xi Jinping introduced the new “Silk Road Economic Belt and the 21st Maritime Silk Road” initiative to connect stronger logistics networks with Asia, Africa and Europe by building more roads, railways and airports.
An artistic event titled Autumn-Leaf was held in Meydan Mashgh, within Iran’s Foreign Ministry’s premises…
North Korea is preparing to deploy additional troops, weapons and other military equipment, including drones,…
Foreign Ministry spokesman Esmaeil Baqaei has stated that a fresh round of talks between Iran…
Zhaleh Olov, a celebrated actress of Iranian cinema, theater, television, and a renowned radio voice…
Iran has dismissed any direct contact with the rebel group that has taken power in…
Moscow’s threat to Europe extends beyond defense to illegal immigration and cybersecurity, Italian Prime Minister…