Iran Eyes Direct Trade with Uruguay

TEHRAN (Tasnim) – Iranian First Vice-President Eshaq Jahangiri called for direct trade and economic ties with Uruguay in the post-sanctions era.

Iran Eyes Direct Trade with Uruguay

Termination of anti-Iran sanctions under the Joint Comprehensive Plan of Action (JCPOA)- a lasting nuclear deal between Tehran and world powers- has provided an opportunity for Iran and Uruguay to push for closer economic and trade relations more rapidly, Jahangiri said Monday at a meeting with his Uruguayan counterpart Raul Fernando Sendic Rodriguez.

The senior officials attended a gathering of high-ranking delegations from the two countries here in Tehran.

Jahangiri further stressed the need for direct trade between Iran and Uruguay, without any third party involvement.

Tehran sees no political obstacle in the way of stronger relations with Montevideo, he said.

The vice-president noted that Uruguay has the capacity to meet Iran’s demand for certain agricultural products, while Iran is ready to resume selling oil and petrochemical products to Uruguay.

Jahangiri also voiced Iran’s readiness to provide the South American country with its experience in nanotechnology, pharmaceutical industry, dam construction, mining industry and building power plants.

For his part, the visiting Uruguayan official said his country is prepared to take bigger steps to enhance trade and economic ties with Iran in the post-sanctions era.

The Uruguayan vice-president’s visit comes against the backdrop of a new wave of interest in ties with Iran after Tehran and the Group 5+1 (Russia, China, the US, Britain, France and Germany) on July 14, 2015 reached a conclusion over the text of the comprehensive 159-page deal on Tehran’s nuclear program.

The JCPOA came into force on January 16 and terminated all nuclear-related sanctions imposed on Iran.

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