Foreign companies reassessing their place in Iranian market

TEHRAN, Sep. 16 (MNA) – A member of board of directors of Tehran Chamber of Commerce and Industry has said trade experiences a new boost.

Mohammd Hossein Barkhordar told Mehr News that foreign countries were seeking to redefine their place in Iranian market and that it seemed sanctions did not wield its initial intensity over the market.

“We receive signals from the foreigners indicative of easing sanctions gradually,” said the official, and that “they have increased trade with Iran and have abandoned concerns over being fined for trading with Iran.”

Barkhordar, who is the head of High Export Council, added that the economic conditions in many of EU countries along with Islamic Republic of Iran’s strategic position and Rouhani’s successful economic diplomacy, have worked to relieve the harmful effect of sanctions. “The government should channel resources unfrozen with ease of sanctions to economic infrastructures; in addition, it should use the opportunity to change the nature of trade agreements to attract foreign investments and technology transfer,” he added.

He believed that an economic expert team should examine the US roadmap to ease sanctions on Iran regardless of diplomatic and political preoccupations so that “the government properly use the opportunities created thereby.”

By Mehr News Agency

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