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Iran, Thailand cooperatives ink MOU

Business Materials 24 September 2009 12:29 (UTC +04:00)

Iran Central Chamber of Cooperatives and the Cooperative League of Thailand signed an MOU to boost cooperation in the economic and production sectors.

The Mehr News Agency cited Iran Central Chamber of Cooperatives stating that a delegation led by secretary general of the Chamber, Hossein Rahmaninia and Majlis (parliament) representative Anoushiravan Mohseni Bandpey, traveled to Thailand to negotiate with Thai cooperative officials.

Rahmaninia said, "The MOU consists of 12 articles such as holding cooperative exhibitions in both countries, encouraging investing in cooperatives of the two countries and supporting an increase in electronic trade between the cooperatives of Iran and Thailand.

Holding specialized courses, cooperating in research and exchange of experience are other goals that have been stated in the agreement, he said.

A workgroup has been appointed to follow up and implement the articles of the MOU.

The delegation will also meet with agriculture officials of Thailand and later travel to Vietnam for further negotiations with Hanoi officials.

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