TEHRAN (Dispatches) -- China has joined South Korea to announce that it is planning to invest $3 billion in Iran’s fisheries.
Hassan Salehi, the head of Iran Fisheries Organization, said China’s decision to make the investment had been communicated to him through the country’s deputy agriculture minister during a recent visit to Tehran. Salehi added that the priority points for the discussed investment are Iran’s southern island of Qeshm as well as the southern port city of Bandar Abbas.