Iranian Official Calls on Private Sector to Boost Trade Ties with Africa

The deputy head of the Trade Promotion Organization of Iran (TPOI) for international businesses promotion affairs said the private sector should play a leading role and seize the opportunity created for increasing the trade and economic ties with African states.

News ID: ۸۲۲۲۳۹

30 January 2024

Highlighting the measures taken by the responsible officials in the current administration to boost trade with Africa, Mohammad Sadeq Qannadzadeh said the private sector should be more active in promoting bilateral business and implementing the agreements inked with the African countries.

Speaking at an expert-level meeting on reviewing the trade opportunities between Iran and Kenya held in Tehran, the deputy TPOI chief called on economic activists to make their utmost efforts in line with spurring trade-economic activities with African states.

Emphasizing the use of fruitful experiences of the successful traders in doing business with Africa, Qannadzadeh pointed out that effective measures have been taken in the country such as creating a direct shipping line, financial-banking activities and launching 11 trade centers, etc. in line with spurring trade with African states, IRNA reported.

Turning to the launch of the first meeting of the Working Group in the current administration to promote trade with Africa, he said the private sector can play a very important role in increasing the level of trade with African countries.

Qannadzadeh further noted that the private sector in the country should be supported duly in line with increasing the level of trade with Africa. / Tasnim