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Iran World Trade Center to open export centers in 44 countries

Business Materials 6 February 2016 14:35 (UTC +04:00)
Iran World Trade Center (IWTC) is going to open export centers in 44 countries, the organization’s president Mohammad Reza Sabzalipur said.
Iran World Trade Center to open export centers in 44 countries

Tehran, Iran, February 6

By Mehdi Sepahvand -- Trend:

Iran World Trade Center (IWTC) is going to open export centers in 44 countries, the organization's president Mohammad Reza Sabzalipur said.

The target markets have been under study in the past year and now the executive measures for launching the centers are about to begin, he told Trend February 6.

According to Sabzalipur, IWTC has signed MoUs with World Trade Centers in 19 countries, which concern the launch of trade centers in the countries of respective signatories.

Accordingly, Iran is going to launch trade centers in Russia, Canada, France, Turkey, Qatar, Algeria, Brazil, Venezuela, Kazakhstan, Armenia, Malaysia, Iraq, and Afghanistan for now, after which they will also launch similar centers in Iran, he further noted.

Iran's global trade was hampered for over one decade under strict international sanctions. On July 16, Iran and the group 5+1 (the US, UK, France, Russia, China, and Germany) announced the implementation of a comprehensive deal that would lift the sanctions.

Following the announcement, Iranian banks and companies are getting free of the sanctions and finding new hopes of doing international trade.

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