Iran-Malaysia ties within Islamic nations' interests: deputy prime minister

Iran Materials 22 December 2006 13:14 (UTC +04:00)

(IRNA) - Deputy Prime Minister of Malaysia Najib Tun Razak here Friday said close cooperation between Tehran and Kuala Lumpur would be in line with interests of Islamic nations.

Razak, who is also Malaysia's Defense Minister, made the remark in a meeting with Iran's Ambassador to Malaysia Mehdi Khandaqabadi.

He said the two countries enjoy great potential for expansion of mutual ties, adding they could further bolster bilateral cooperation in all fields, reports Trend.

Razak, who visited Iran in 1992, expressed hope that he would pay his second visit to Iran in the near future.

Khandaqabadi, for his part, pointed to growing trend of political and economic relations between the two countries and praised common stance of Tehran and Kuala Lumpur in several regional and international issues.

Trade and economic exchanges between Iran and Malaysia showed 49 percent boost during the first nine months of fiscal 2006 in comparison with the same period of the previous month.

It is expected that the volume of trade exchanges between the two countries would surpass one billion dollars by year-end.

The volume of Iran's export to Malaysia showed 82 percent boost.