Trade Promotion Organization Hosts Iran-Japan Joint Trade Meeting
TEHRAN (Tasnim) – A 60-member delegation from Japan held a joint meeting at Iran’s Trade Promotion Organization (TPO) on Sunday during which the two countries' industrial and trade cooperation was discussed.
Addressing the meeting, Head of Trade Promotion Organization of Iran (TPO) Valiollah Afkhami-Raad introduced Iran’s investment opportunities for Japanese investors.
He said trade between Iran and Japan has dropped in the past decade but the conclusion of nuclear talks between Iran and world powers has provided proper condition for the expansion of the two countries’ cooperation.
“The volume of trade ties is in no way satisfactory, and actions should be taken to upgrade it,” he said.
Afkhami-Raad then voiced Iran's readiness for venture projects with Japan.
“Oil, gas, petrochemicals, mining, mineral industries, car making, nano and bio technologies are among fields for joint investment,” he added.
Earlier today, a Japanese official highlighted the strong willingness of companies in his country to play a role in the Iranian market once anti-Iran sanctions are lifted.
“(Representatives of) the 21 companies who have come to Tehran as part of the Japanese delegation (actually) represent 1000 companies willing to visit Iran,” said Daishiro Yamagiwa, Japan’s vice-minister of Economy, Trade and Industry.
He made the remarks after his Sunday meeting with Iran’s Minister of Oil Bijan Zanganeh in the Iranian capital of Tehran.
“Undoubtedly, after the practical termination of (anti-Iran) sanctions, the economic ties between Iran and Japan will flourish,” he added.
The visit came as part of a new wave of renewed interest in ties with the Islamic Republic after Iran and the Group 5+1 (Russia, China, the US, Britain, France and Germany) on July 14 reached a conclusion over the text of a comprehensive 159-page deal on Tehran's nuclear program.
The comprehensive nuclear deal between Iran and the six powers would terminate all nuclear-related sanctions imposed on Iran after coming into force.
Experts believe that Iran's economic growth would rise remarkably after the final nuclear deal takes effect.
