Iran, South Korea to establish joint trade desk

EghtesadOnline: Head of Iran’s Trade Promotion Organization and CEO of KOTRA have agreed to establish Tehran and Seoul joint trade desk.

News ID: ۷۶۹۷۲۵

26 September 2016

Mojtaba Khosrowtaj and Kim Jaehong, President and CEO of KOTRA (Korean Trade-Investment Promotion Agency) met in Seoul on Saturday to address possibilities of preparing a framework for joint cooperation of Iranian and Korean firms, reports ILNA.

Mr. Khosrowtaj leads a delegation of tradesmen and entrepreneurs to South Korea and had reportedly agreed with Mr. Kim of Korean KOTRA in establishing of a joint desk with primary mission of promoting Korean brand names in Iran and marketing goods with Korean brand names; “a reciprocal mission for Korean companies will also be promoting Iranian products in their domestic markets and to incorporate Iranian industrial spare parts in production,” Khosrowtaj told reporters.

“Joint investments in molding industry in production of household appliances has been an area well forgotten, and immediate policy decisions should address this gap, he said.

Policies for a more sustainable economic relations are necessary; Korean companies with an interest in Iran should follow such policies,” he added, “a trade desk will be established to introduce to tradesmen of both sides capacities and to address their concerns and needs.”