Iran to establish 7 new trade centers in Africa by Mar. 2023

INSUBCONTINENT EXCLUSIVE:
calendar year (March 21), more than 400 business delegations from Africa have traveled to Iran, and the Iranian government is also taking
all the necessary measures to develop mutual relations.Stressing the need for the improvement of infrastructure and providing new incentives
for the development of trade with Africa, Qanadzadeh noted that several contracts have been signed with African trade partners for the
African countries to $5 billion by the Iranian calendar year 1404 (begins in March 2025).Peyman-Pak said the trade with the mentioned
countries is expected to reach $2.5 billion by the end of the current Iranian calendar year.Referring to the preparation of the country's
trade development roadmap at the beginning of the work of the 13th administration, the official said: "In this roadmap, major factors
including exports and the share of different sectors is specified, and in the case of Africa, the priorities and targets for trade with
different countries and the requirements for reaching these targets are determined."Peyman-Pak put the share of African countries in Iran's
export basket at $1.2 billion, saying: "Africa's annual imports amount to about $580 billion and our share of this figure is still small
despite all the efforts
We have managed to export $1.2 billion to this market."EF/MA