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EghtesadOnline: The revival of Silk Road is a perfect opportunity for the development of Iranian economy, the president of Iran’s Chamber of Commerce, Industries, Mines and Agriculture said.

Gholamhossein Shafei, who has been newly  appointed as vice chairman of Silk Road Chamber of International Commerce, added that Iran can play a crucial role in China’s New Silk Road initiative, given its access to extensive delivery routes linking the Middle East and Eurasia, the SRCIC website reported.

SRCIC is an international, non-governmental organization aiming to promote the renaissance of Silk Road and to enable business participation in the investment and trade opportunities it offers.  

Shafei said this would consequently bring numerous economic advantages to the country, Financial Tribune reported.

The revived Silk Road is envisioned as a rail and sea route, part of China’s “One Belt, One Road” economic development initiative aimed at advancing trade and investment.

In the initiative, SRCIC advances its members’ growth and prosperity by offering trade and investment opportunities.

Currently, SRCIC has 54 member states and millions of enterprises, forming up a community of shared interests, shared responsibilities and a shared future.

Iran economy Gholamhossein Shafei Silk Road Revival