Iran’s trade with other countries based on win-win policy: Official

Iranian Deputy Minister of Industry, Mine and Trade Mojtaba Khosrotaj

Iranian Deputy Minister of Industry, Mine and Trade Mojtaba Khosrotaj

Tehran, March 3, IRNA – The Deputy Minister of Industry, Mine and Trade said that Iran’s economic interaction with regional countries, such as Turkey, is based on win-win policy.

Mojtaba Khosrotaj made the remarks in a gathering of Iran-Turkey economic and trade activists here on Tuesday.

He said that Iran’s trade volume with other countries is not at an acceptable level and it should be increased.

In the past 11 months of current Iranian calendar year more than $1.7 bn worth of non-oil goods has been exported to Turkey and while goods valued at $2bn were imported from that country in the same period and therefore trade exchanges between Tehran and Ankara including technical and engineering services hit five billion dollars.

He added that holding such gatherings will prepare the grounds for exchange of views and interaction between officials of both countries from public and private sectors, thuis expediting expansion of bilateral cooperation and removal of obstacles.

The deputy minister of industry reminded that holding such specialized meeting indicated existence of political stability in the two countries, adding that by preparing the grounds for dialogue and interaction between businessmen a healthy atmosphere of competition will be created for both sides’ businessmen.

Khousrotaj continued that without interaction with the world it would be difficult to boost exports and create job opportunities.

Iranian and Turkish companies by attending exhibitions should display their products in a healthy atmosphere.

Development of trade between Iran and other neighboring states needs a strong banking structure and appropriate transportation, Khousrotaj said, adding that by participating in exhibitions businessmen of both countries can become familiar with market standards, launch joint production lines and promote qualification of their commodities.

He expressed hope that the meeting would shed light on existing opportunities, production potentials, and industrial and trade capacities of the two countries.