Iran seeks to export goods, services

Business Materials 24 May 2016 20:53

Baku, Azerbaijan, May 24
By Khalid Kazimov - Trend:

Tehran seeks to export its products and services through talks with the foreign countries, an Iranian minister said. Iranian Energy Minister Hamid Chitchian has said that most of the negotiations held between Iran and foreign countries over the past months and following the implementation of the Joint Comprehensive Plan of Action (JCPOA) were aimed at exporting goods and services rather than importing, IRIB news agency reported.

He added that officials from Algeria, South Africa, Tunisia, Ghana, Iraq, Syria, Oman, Tajikistan, Turkmenistan, Afghanistan, Nicaragua, Ecuador, Pakistan, Georgia, Russia and Indonesia have had talks with Tehran over purchasing goods and services from the Islamic Republic.

Saying that Iranian power plants have a capacity of generating 74,000 megawatts of electricity, he added that the country ranks first in the region and 14th in the world in power generation. According to the ministry the country produces about 90 percent of equipment used in Iran's power industry.

He further called for luring foreign investment to boost the country's power industry.