Iran, Belarus Stress Expanding Trade-Economic Cooperation: TPOI
TEHRAN (Tasnim) – The head of the Trade Promotion Organization of Iran (TPOI) said that officials of Iran and Belarus are consulting with each other to boost trade and develop industrial, mineral and agriculture cooperation.
Based on the agreements made in this regard, total value of trade between Iran and Belarus will reach $400 million within the next two years, Mehdi Zeyghami added.
Speaking on the sidelines of the 16th edition of Iran-Belarus Joint Economic Commission meeting on Monday, he pointed to the growing trend of trade between the two countries and emphasized that Iran and Belarus enjoy high potentials to enhance bilateral trade.
The agreements made in the commission will lead to achieving $400 million in trade between the two countries in the next two years, he underlined.
Elsewhere in his remarks, Zeyghami pointed to the Preferential Trade Agreement (PTA) between Iran and the Eurasian Economic Union (EAEU) and turning it into a Free Trade Agreement (FTA) and added that an FTA between Iran and Belarus will be inked in the near future.
Signing the FTA will lay the ground for increasing the volume of trade between Iran and Belarus and other Eurasian countries, the TPOI chief stressed.
The deputy minister of industry pointed to the development of joint cooperation with Belarus in the fields of mineral, mining equipment and machinery, and tractor manufacturing and revealed that Iran enjoys high capacities to export technical and engineering services and medical equipment to Belarus.
