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Iran, Georgia agree to expand trade turnover

Iran Materials 20 November 2021 10:03 (UTC +04:00)
Iran, Georgia agree to expand trade turnover

BAKU, Azerbaijan, Nov. 20

Trend:

Iranian Ambassador to Georgia Akbar Ghasemi and Georgian Minister of Economy and Sustainable Development Natia Turnava have reached an agreement to increase the volume of economic and trade cooperation, Trend reports via Iranian media.

According to Iranian Embassy in Tbilisi, the sides reviewed various issues, including facilitation of economic exchanges, ways to promote economic opportunities for entrepreneurs, exports, removal of obstacles in the way of Iranian investors, transit routes, and regional energy networks.

The officials also discussed ways to address other topics such as holding economic and trade exhibitions at the provincial level, enhancing road networks, following up on committee meetings held regarding the Persian Gulf and Black Sea transport corridor, promoting startups, holding economic webinars, encouraging the private sector, and enhancing balanced tourism.

Georgia and Iran have close economic and political relations and hundreds of Iranian companies have registered in Georgia.

Meanwhile, the foreign trade turnover between Georgia and Iran from January through October 2021 amounted to $131.9 million.

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