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Iranian trade delegation seeks closer bonds with Spain

Business Materials 26 January 2015 12:54 (UTC +04:00)

Baku, Azerbaijan, Jan. 26

By Khalid Kazimov - Trend:

A delegation of 35 members of the Tehran Trade, Industry, Mine, and Agriculture Chamber traveled to Spain on Jan. 25 to seek opportunities of engaging in more active bilateral cooperation with Spanish counterparts, IRIB News agency reported.

The team, headed by the chamber chairman Yahya Al-Eshaq, is going to spend 5 days in Spain to hold meetings and sign a MoU with the Madrid Chamber of Commerce and Industry.

Besides Madrid, the Iranian delegation is scheduled to visit Catalonia and Zaragoza, hoping to find more trade opportunities in those areas.

They will also pay visit to car manufacturing facilities and port industrial complexes in Barcelona.

At a meeting with the Iranian ambassador to Madrid after their arrival, Al-Eshaq said "The sanctions and problems that arose from them have tempered our private sector's alloy. It is expected that when situations grow normal, they will be able to demonstrate great capabilities in helping the country's industry and economy boom."

The Chairman of the Iranian Export Confederation Reza Nourani who was also at the meeting announced that Iran is going to use the occasion to tap Spain's knowhow in growing organic agricultural products.

In early September, 2014, the International Relations Director of the Spanish Confederation of Employers' Organizations (CEOE) Jose Garcia Morales announced that Spain was ready to expand relations with Iran in mine and relevant industries.

The official made the remarks as he and the Spanish Ambassador to Tehran Pedro Villena met the head of the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) Mehdi Karbasian in Tehran.

Iran's non-oil trade turnover (including condensates) surpassed $86.261 billion during the first ten months of current Iranian fiscal year (March 21, 2014- Jan. 21). Iran's non-oil exports stood at $42.584 billion during the period, 24.21 percent more compared the 10-month period of last year (Iran's fiscal year starts on March 21).

Iran also imported about $43.677 billion worth of goods during the period, which indicates a rise by 15.44 percent in value year on year.

Iran's current administration engaged in more active relations with the world, something President Hassan Rouhani had promised to do during his presidential campaign as an overtaking which had not been given much priority in the years leading to his office.

Edited by CN

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