Iran says trade with Czech Republic can be improved

Tehran, Iran, Apr. 13

By Mehdi Sepahvand: Trend:

Tehran Chamber of Commerce Chairman Yahya Ale Eshaq has said that Iran and the Czech Republic can boost mutual cooperation in trade and economic projects.

He made the remarks in an economic meeting between officials from the two countries in the Tehran Chamber of Commerce, SHANA news agency reported April 13.

Ale Eshaq said that the two countries' mutual trade traditionally focused on industry, infrastructure, oil, energy, crystal products, and textile.

"Our mutual trade has lowered to $40 million, but technical factors and the markets are such that we can boost our relations," he stated.

The official pointed out that the two countries could improve their relations in energy, water and wastewater treatment, as well as rail and road transit. He further said that cooperation in civil projects such as road and construction can be extended beyond the Iranian borders to cover neighbor countries such as Iraq.

A high-ranking delegation from the Iranian parliament paid official visit to the Czech Republic on November 17, 2014 to discuss ways of promoting bilateral ties.

Early in September 2014, members of the Czech Chamber of Commerce and Industries in a meeting with Iranian Deputy Foreign Minister Majid Takht Ravanchi in Prague voiced their willingness to increase the level of their cooperation with Iran.

Trade turnover between Iran and Czech was $25.88 million during the 12-month period from March 21, 2013, according to the Iran's Customs administration (Iran 's fiscal year starts on March 21).

Iran's exports to Czech accounted for $4.4 million of the mentioned figure. Tehran also imported $21.48 million worth of goods from Prague in the mentioned period.

Edited by CN

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