Forum helps SMEs in Weifang

Updated: 2011-10-01 15:37

By Qiang Xiaoji (chinadaily.com.cn)

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Several companies from Iran at the second China-Arab/Africa Medium and Small Businesses Cooperation Forum agreed to import and export goods from China while visiting the enterprises in Weifang of East China's Shandong province Tuesday.

The total amount was estimated at 230 million yuan.

About 145 companies in Weifang and 90 foreign tradesmen participated in the project negotiations held on Wednesday. Four companies, including FOTON LOVOL International Heavy Industry Co, signed contracts with enterprises from Iran to export their products, including heavy machinery and wood products, involving a total amount of 115 million yuan.

The two-day forum attracted delegations from 16 countries and regions of the Arab region and Africa.