Iran, Sri Lanka to launch joint business council

Iran Materials 16 May 2011 13:01 (UTC +04:00)

Iran and Sri Lanka plan to establish a joint business council.

The matter was discussed during the meeting of the two countries' commerce ministers, IRNA reported.

According to the Iranian Commerce Minister Mehdi Ghazanfari the two countries' annual trade value currently stands at 120 million dollars.

He expressed hope that the amount would reach $400 million.