Iran, Brazil eager to boost bilateral trade ties

Flags of Iran & Brazil

Flags of Iran & Brazil

TEHRAN (FNA)- Iran and Brazil as two influential countries with talented people, rich natural resource, modern industries and fruitful agriculture are keen to develop their trade interactions up to at least $2bln annually, a senior Iranian trade official said.

Head of Iran-Brazil Chamber of Commerce Fakhroddin Amerian said on Sunday expansion of Tehran-Brasilia to $2bln a year is not out of hand.

He added that Iran’s major imports from Brazil are corn, soya, sugar, meat and industrial machinery.

Currently, export of hand woven carpets to Brazil hits over $20mln a year, he said.

Amerian went on to say that saffron, raisin, pistachio, carpet-making machines and industrial products are among Iran’s major exports to Brazil.

He called on both sides’ private sectors to shoulder more active role in bilateral trade interactions which can boost at least $500mln to bilateral trade between the two countries.

Iran has in recent years expanded friendly ties with Latin America, specially in economic, trade and industrial fields.

Iran’s strong and rapidly growing ties with Latin America have raised eyebrows in the US and its western allies since Tehran and Latin nations have forged an alliance against the imperialist and colonialist powers and are striving hard to reinvigorate their relations with the other independent countries which pursue a line of policy independent from the US.

By Fars News Agency