Tehran, Hanoi Eye $2b Trade Turnover

Iran News - - DOMESTIC -

TEHRAN – Iran and Viet­nam on Mon­day called for paving the ground for boost­ing the cur­rent trade turnover to $2b.

Deputy Head of Iran’s Cham­ber of Com­merce, In­dus­try, Mine and Agri­cul­ture (ICCIMA) Mr. Mo­ham­mad Reza Kar­basi dur­ing meet­ing with Di­rec­tor of Asi­aAfrica Depart­ment of Min­istry of In­dus­try and Trade of Viet­nam called for ex­pand­ing trade re­la­tion and tak­ing ac­tion to boost the cur­rent trade turnover to $2b.

He said that eas­ing visa process and sign­ing pref­er­en­tial trade agree­ment are pre­req­ui­sites to en­hanc­ing the trade ex­changes.

He also called for es­tab­lish­ing bank­ing bro­ker­age to ac­cel­er­ate the eco­nomic re­la­tion be­tween Iran and Viet­nam.

He said talks be­tween high-rank­ing of­fi­cials of both coun­tries have be­gun and both sides are pre­par­ing the grounds for its im­ple­men­ta­tion.

He added that dur­ing the re­cent visit of Ira­nian pri­vate sec­tor of­fi­cials to Viet­nam, the top­ics for co­op­er­a­tion were out­lined.

Kar­basi also called for joint in­vest­ment and pref­er­en­tial trade agree­ment which have been dis­cussed in the past.

Mean­while the Viet­namese of­fi­cial said that Viet­nam at­tracted more than $169b for­eign in­vest­ment last year and the coun­try has planned 270 projects for the cur­rent year as Viet­nam has signed 12 FDA con­tracts with dif­fer­ent coun­tries.

He re­it­er­ated that Viet­nam eyes joint ven­tures rather than mere trade be­tween both states, adding that Iran and Viet­nam can co­op­er­ate in en­ergy, petro­chem­i­cal, oil and food in­dus­try sec­tors.

He also urged the re­lated min­istries of both coun­tries to pave the ground for co­op­er­a­tion be­tween pri­vate sec­tors of both states.

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