TEHRAN, Iran, Sept.14
Trend:
Iran and Vietnam have commercial agreements on their agenda, former Iranian commercial attaché in Vietnam and the current sectary of Iran Trade Promotion Organization Mohsen Rezaei Pour told Trend.
In particular, the official said that Iran can export such products as kiwi and orange to Vietnam, where they're in high demand.
He also reminded about the joint investments of both Iran and Vietnam into Iran's Ilam Province (related to oil extraction). Vietnam National Petroleum Corporation (VNPC) won a tender, but the work has stalled due to sanctions on Iran, and the value of Vietnamese investment into this project stood at $150 million.
The Vietnam National Petroleum Corporation was expected to operate the Danan oil field's development project, through cooperation of the National Iranian Oil Company.
"The Vietnamese company could have benefited a lot from this project," Rezaei Pour said. "VNPC has three big oil refineries and are looking to export their technical and engineering services."
He noted that Iran currently does not have active joint investments with Vietnam, but both sides are working to change that.
"There is a preferential commercial agreement between the two countries, that has been drafted but did not progress as of yet," he said.
Referring to outlook of cooperation between the two countries, Rezaei Pour said naturally Vietnam is a special case, since it could be used as a gate to China, thus getting Iranian commodities exported to China from Vietnam.