TEHRAN- Iran exported products valued at $14,904,286 to Belarus in the first 9 months of the existing Iranian fiscal year (March 20 December 21, 2024), according to a reported released by the Islamic Republic of Iran Customs Administration (IRICA).
The IRICA report put the nations weight of goods exported to Belarus in the mentioned nine-month duration at 16,622,805 tons.Irans Trade Center in Minsk was inaugurated in mid-January throughout a visit by Mohammad Atabak, Irans minister of market, mining, and trade.The opening ceremony also featured Mohammad Ali Dehghani-Dehnavi, the deputy minister and head of Irans Trade Promotion Organization (TPO).
As part of the see, the minister and TPO head held a conference with Iranian organization agents in Belarus, where propositions were made to facilitate trade in between the two countries.During a meeting held at the location of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) on January 22, TCCIMA Head Mojtaba Najafi Arab and Belarusian Ambassador to Iran Dmitry Koltsov talked about opportunities for expanding financial and trade relations throughout a meeting.The two authorities stressed the importance of the just recently completed open market agreement in between Iran and the Eurasian Economic Union (EAEU) as a practical tool for advancing bilateral trade.Koltsov explained the arrangement as a brand-new gateway for improving Irans trade with the EAEU and underscored the crucial role of chambers of commerce in fostering trade.He highlighted the prospective cooperation in between the Tehran and Minsk chambers in shaping the future of financial relations in between Iran and Belarus, a member of the EAEU.Najafi Arab acknowledged the existing low trade volume between Iran and Belarus however noted the high commercial and economic potential of both nations.He stressed the necessity of making use of existing chances to reinforce economic ties.He specified that the Tehran and Minsk chambers could work as essential platforms for determining financial investment chances, promoting trade cooperation, and presenting credible organizations from both countries.The TCCIMA head also referred to the upcoming Third International Eurasia Trade Exhibition, set up for February 21-24, at Tehrans Permanent International Fairground, keeping in mind that the Tehran Chamber prepares to invite officials and trade delegations from EAEU member countries to this event to initiate discussions targeted at boosting private-sector collaboration.During the conference, Fereydoun Vardinejad, Secretary-General of the TCCIMA, worried the value of timely details exchange on financial and investment opportunities.He expressed the Tehran Chambers preparedness to team up with the Minsk Chamber to share investment potential customers and connect dependable partners from both sides.He likewise proposed establishing a Tehran-Minsk Economic Cooperation Council during the Eurasia trade exhibit to address difficulties, check out opportunities, and facilitate private-sector engagement between Iran and Belarus.Koltsov for his part applauded the productive relationship between the Tehran Chamber and the Belarusian Embassy, stressing the capacity for growth in bilateral trade.He referred to Iran-Belarus Joint Economic Committee conference in Minsk, in the previous week, chaired by Irans minister of industry, mining, and trade, where a number of contracts were signed.The ambassador highlighted the open market arrangement with the EAEU as an ideal opportunity to increase trade and investment in between Iran and member states.He likewise emphasized the role of chambers of commerce in carrying out the arrangements and reaffirmed the Belarusian Embassys dedication to positive collaboration with the Tehran Chamber to strengthen economic ties.He even more kept in mind chances for joint investment and production in Belarus as promising areas for expanding economic cooperation.Hesamodin Hallaj, Deputy for International Affairs at the Tehran Chamber, also attended the meeting.He reviewed the Tehran Chambers history of cooperation with the Belarusian Embassy and discussed the upcoming Eurasia trade exhibit, highlighting its significance in promoting financial partnerships.During a conference betweenHead of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Samad Hasanzadeh and Belarusian ambassador to Iran, back in early December 2024, the ICCIMA head worried the need for enhancing bilateral financial exchanges through joint mechanisms and making use of regional currencies.Hassanzadeh highlighted the significance of joint investments and innovative financial plans such as barter trade and regional currency use to lower reliance on the United States dollar.The trade volume between Iran and Belarus, totaling up to around $400 million, does not reflect the real potential of both nations, Hassanzadeh said.
He highlighted numerous sectors, consisting of oil, petrochemicals, energy, advanced technologies, engineering services, equipment, construction products, transport devices, chemicals, steel, food, agricultural items, and pharmaceuticals, as locations ripe for enhanced cooperation.Hassanzadeh kept in mind that Iran has actually been importing part of its needs for agricultural and animals inputs from Belarus, revealing a willingness to broaden cooperation in these sectors.
He invited Belarusian financiers to explore joint endeavors in pharmaceuticals, medical devices, animals, and dairy items, pointing out Irans secure environment for investment.Tourism was likewise highlighted, with Hassanzadeh prompting measures to facilitate traveler and organization visas and establish direct flights in between the two countries to promote people-to-people ties.Ambassador Koltsov echoed the sentiments, keeping in mind the strong political ties in between the 2 countries.
He described plans to broaden financial partnership, including the facility of a joint trade house in Minsk as part of the two nations joint economic commission.Koltsov likewise discussed the requirement to upgrade and implement a formerly signed cooperation arrangement in between the chambers of commerce in Iran and Belarus, revealing optimism about promoting closer ties in between business operators of both nations.MA