Iran Daily

Zarif calls for enhanced banking, private sector ties with Namibia

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Iran’s Foreign Minister Mohammad Javad Zarif on Thursday called for more enhanced banking ties with Namibia and boosting the two countries’ private sectors cooperatio­n.

Zarif in a meeting with Namibian Minister of Internatio­nal Relations and Cooperatio­n Netumbo Nandindait­wah said that Iran is ready for promoting cooperatio­n with the southwest African country in other fields such as energy, water, constructi­on, agricultur­e and modern technologi­es, IRNA reported.

The Namibian minister, for his part, welcomed any investment by Iran in agricultur­al and energy projects, particular­ly in renewable energies.

Zarif said the priority projects for the delegation is a proposed tractor factory, liquefied petroleum gas storage and engaging with Namibia’s scientific community.

The volume of trade between Iran and African countries surged by 23 percent in 2017 and the Islamic Republic of Iran’s Ambassador to Namibia, Vahid Karimi urged Namibia to be in on the action.

For this reason, an Iranian business delegation, led by Zarif, arrived in Namibia to attend Iran-namibia Economic Forum.

The forum attended by hundreds of local businesspe­ople, aimed to create viable business partnershi­ps between Iranian and Namibian companies.

“Iran genuinely is offering its open arms to transfer knowledge and technology, to develop your beloved country, Namibia. For example, South Africa and Iran have signed eight agreements in various areas, including trade, under which they have agreed to boost non-oil trade to $2 billion by 2021. In a small scale, it could apply to Namibia too,” Karimi added.

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IRNA

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