Tehran, Kyiv after closer trade ties

11:40, 21 June 2016
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Iran's deputy industry minister, at a meeting with Ukraine’s ambassador to Iran, called for expansion of trade exchanges between Tehran and Kyiv, MehrNews reported.


“The Islamic Republic of Iran, in the new era, seeks knowledge transfer from several countries in areas for collaboration,” highlighted the official pointing to Ukraine’s advancements in different sectors like agriculture, aviation, chemical industries as well as agricultural equipment,” said Valiollah Afkhamirad, who heads Iran's Trade Promotion Organization (TPO), according to MehrNews.

The official voiced readiness to hold the fourth session of the committee for commercial, industrial and mining cooperation between the two countries in near future as well as to deploy a trade delegation to the European state.

Afkhamirad went on to underscore that “major venues for reinvigoration of bilateral relations include facilitating visa issuance, expansion of banking cooperation in addition to granting tax incentives to merchants and investors.”

Read alsoUkraine wants to export more power industry equipment to Middle East, Central AsiaHe also underlined “Iran remains a profitable and secure region for foreign investors and holds a huge market besides its own 80-million population bringing economic justifiability to investments.”

Head of TPO said any escalation in cooperation is subject to a clear understanding of the two sides’ economies by traders; “to this end, more communication as well as active participation in exhibitions are required.”

“The Islamic Republic of Iran is determined to bolster ties with Ukraine as the possibility exists to establish a preferential trade between the two sides,” maintained the official urging experts and relevant authorities in the European country to take steps in this regard.

Ukrainian Ambassador to Iran Serhiy Burdylyak, for his part, touched upon the Iranian President’s agreement with expansion of bilateral ties between the two countries asserting “we appreciate Iran’s look towards Ukraine and the fact that no third-party country affects expansion of our relations.”

“Ukraine is vigorously seeking to develop cooperation with Iran especially in the field of nutrition,” noted Burdylyak asserting “we are after boosting banking ties with Iran by offering all capacities in the field.”

Read alsoRussian crude losing out as Iranian oil returns to Europe: BloombergHe further stated “in order to hold the fourth session of economic regime between the two parties, we are ready to attend intensive meetings with the Iranian authorities.”

The Ukrainian ambassador said “due to certain issues, Ukraine has lost its market in Russia while it remains as a trusted partner for meeting China’s food demand.”

Read alsoIran interested in oil shipments via Odesa-Brody pipeline“Given the sanctions removal, a special opportunity has emerged for development of relations,” stressed the official pointing out that Ukraine is a leading country in areas of aircraft manufacturing as well as agricultural production particularly wheat.

Serhiy Burdylyak emphasized “China’s only aircraft carrier has been built by Ukrainian specialists and we hold proper grounds for investment in developed sectors in which Iranians are invited to participate.”

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