The first cargo train linking Yinchuan, capital of northwest China’s Ningxia Hui Autonomous Region and Tehran, capital of Iran, began operation Tuesday. The train left Yinchuan loaded with more than 560 tonnes of machinery, daily commodities, ceramics and glassware and is scheduled to reach Tehran in about 15 days travelling via Kazakhstan and Turkmenistan…Full Article: ECNS.cn Sept 2017

Key Point

  • According to an official from Ningxia’s Department of Commerce, the freight cargo route will boost trade with Iran and Central Asian countries. The new route reportedly saves ~3 weeks in shipping time versus sea freight.

ChinaAg Comments

  • In November 2016, Bayannur’s Inner Mongolia Ding Ye Foodstuff, an edible sunflower seed producer, announced plans to have two offices in Spain and Germany and a new factory in Iran by 2018. The company already had offices in Dubai, Iran, and Egypt.
  • In October 2016, officials in Zhanjiang, Guangdong Province, announced they would be exporting bananas (36 MTs) to Iran for the first time.
  • In August 2016, Teheran hosted a Chinese Silk Road Economic Belt forum.
  • In May 2016, Liaoning Wellhope Agri-Tech (SHA:603609) and Iran’s Abzi Gostar Mobtakeran Tehran signed a MoU to establish an animal feed joint-venture.
  • In January 2016, China’s President Xi Jinping visited Teheran. As a result, China and Iran signed 17 Memorandum of Understanding/cooperation agreements.
  • In May 2014, China’s Deputy Minister of Agriculture led a Chinese delegation that visited Shiraz, Fars Province.

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