19 Mar 2024
Wednesday 28 February 2018 - 17:06
Story Code : 295762

“Tehran ready to boost value of trade with Sofia to $1bn”

Iran Front Page- Iran’s Foreign Minister Mohammad Javad Zarif, in a meeting with Prime Minister of Bulgaria Boyko Borisov, has called for expansion of business ties with Sofia.During the Wednesday meeting held in the Bulgarian capital, the Iranian top diplomat hailed the balanced policy of Bulgaria to have good relations with all its neighbours.



“We can increase the value of our trade exchanges to more than $1 billion in the future. Transit, oil and gas, infrastructural, technical and engineering services are good areas for cooperation, and the barriers and challenges in this path must be removed,” noted Zarif.

“For the transportation and the banking problems, we need a secured banking system with the agreement of the central banks of the two countries. I also propose to launch a joint fund to support the private sectors of the two countries. Iran can be your gateway to the region and the neighbouring countries of the Islamic Republic.”

The foreign minister welcomed the increase in the number of people travelling to both countries and also the development of tourism pointing out that the ground is prepared for the visits of nationals of both countries.

Stressing that there exists a multilateral transit committee with Bulgaria, Zarif suggested that a joint bilateral energy committee also be established between the two states.

PM Borisov, for his part, welcomed the Iranian foreign minister, and pointed to his own 2016 trip to Tehran, describing it as a successful one.

“During my visit to Tehran, good agreements were reached,” he noted, stressing that the deals must be implemented.

The Bulgarian prime minister also outlined the various areas of cooperation between the two countries and called for closer collaborations between Tehran and Sofia.

He added that Bulgarian companies in the fields of construction, machineries, pharmaceuticals, and construction of subways, highways, tunnels, bridges, railways, etc. are among the best ones in Europe and stand ready to cooperate with Iran.

The two sides also conferred on regional issues and the need to confront terrorism and extremism in the region and the world.

 

Removing Banking, Transit Problems High on Agenda
Iran’s Foreign Minister Mohammad Javad Zarif meeting with Bulgarian Economy Minister Emil Karanikolov in Sofia on February 28, 2018 / Photo released by the Iranian Foreign Ministry
The top Iranian diplomat also held talks with Bulgarian economy Emil Karanikolov. During the Wednesday meeting, the two sides explored ways of strengthening economic relations and removing obstacles to greater bilateral trade.

Efforts to facilitate banking relations and improve tourism relations were among the topics covered in the meeting between Zarif and Karanikolov.

The two sides discussed issues related to transit corridors connecting the two countries to each other, including problems related to the entrance of Iranian trucks to Bulgaria.

Zarif and Karanikolov also exchanged views about establishing a joint fund for supporting cooperation between Iranian and Bulgarian private sectors, and creating a joint energy committee.

FM Zarif and his accompanying delegation are on the second leg of their tour of the Balkans and Eastern Europe. On Monday and Tuesday they visited Serbia and held talks with Serbian officials in Belgrade. The next destinations of Zarif and his team are Croatia and Bosnia.


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