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Research Article Open access CC BY 4.0

The Impact of the Iran-China Strategic Partnership Agreement on Facilitating Iran’s Foreign Trade: A Case Study of Selected Goods Exports

Reza Mohseni, Zarir Negintagi, Aramchehr Darvishi

Journal of Economics, Management and Trade · pp. 23–40 · Published 13 Jan 2025

10.9734/jemt/2025/v31i11266

Abstract

One of the main goals of developing countries, such as Iran is to achieve economic growth. According to theory, trade is an important determinant of economic growth and development. To increase economic trade volume, Iran has signed several agreements globally and one of the most important trading allies in recent years is China. This article seeks to assess how strategic partnership agreements in the Iran-China 25-year Cooperation Program and the progress of the Belt and Road Initiative influence the export of selected goods, specifically in the categories of iron, copper, steel, and alloy products. Based on the gravity model and the combined data approach from 2001 to 2021, the findings reveal that trade facilitation, gross domestic product, and China’s population have a significant positive influence on Iran’s foreign trade. Conversely, Iran’s population shows a negative and substantial influence on the country’s foreign trade.

Strategic document trade gravity model Iran China combined data

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