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Iran to export engineering services to East Africa

Business Materials 24 July 2019 15:01 (UTC +04:00)

Tehran, Iran, July 24

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The East of Africa is one of the most important areas where we export cab engineering services, head of the East African Department of the Iran's Foreign Ministry said, Trend reports citing IRNA.

Speaking at a Conference held under the title "Trade with East Africa" in Tehran on July 24, Malek Hossein Givzad reminded that the African continent has a huge population of about 1.3 billion people.

Referring to Iran's foreign policy towards the African continent, he emphasized: “Before the revolution, Iran's policy towards Africa was in the footsteps of Western politics, but after the revolution of 1979, the cooperation between Iran and Africa has enhanced.

Referring to the current relationship between Iran and Africa, he added: “Industrial growth led to Iran's increased demand for raw materials, some of which can be delivered from Africa. Furthermore, the continent could supply food to our country."

"In turn, Africa's growing market is a good option for export of Iranian products,” he noted.

He went on to highlight the foreign Ministry's work on developing Iran's relations with African countries. “Facilitating process of obtaining business visas, developing political relations in the interests of the commercial sector, providing the up-to-date information to private sector companies and supporting the export of technical and engineering services through the announcement of tenders are among Foreign Ministry`s priorities to boost Iran-Africa trade relations,” said Givza.

In his words, East Africa is one of the most important areas for import of engineering services from Iran and the main target market after neighboring countries.

He added that a number of East African companies have already invested in Iran. “For example, there is a Kenyan company that has invested in Iran's tea sector, and another Kenyan company made investments in the maritime transport sector in the north of Iran,” he said.

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