Iran Ready to Establish Trade-Economic Cooperation with All Countries: Industry Minister

Iran’s minister of industry, mine and trade expressed his ministry’s readiness to forge trade and economic cooperation with all countries.

News ID: ۸۳۹۰۲۳

27 April 2024

EghtesadOnline: Speaking in the inaugural ceremony of the 6th Export Potentials Exhibition of the Islamic Republic of Iran dubbed “Iran Expo 2024” on Saturday, Abbas Aliabadi emphasized that his ministry is striving to facilitate Iran’s trade with the world.

The development of cooperation with the participating countries is the most important objective of the exhibition, he said, adding that organizing the event with the participation of representatives from 100 countries will facilitate the trade and economic activities of the country with the world.

In the field of trade, Iran has significant advantages that can facilitate interactions at various strategic levels, Aliabadi stated, according to Mehr news agency.

Elsewhere in his remarks, the industry minister said despite the sanctions imposed against the country, Iran is considered one of the main pillars of economy and industry in the region.

Aliabadi put the country's total foreign trade value at over $153 billion, about $50 billion of which is related to the export of non-oil commodities.

He went on to say that neighboring, African and Islamic countries as well as other friendly states are Iran’s priority for the development of trade and economic relations.

Iran is an observer member of the World Trade Organization and has established constructive interactions with these countries in the regional and international treaties, the industry minister underscored.

Iran warmly stretches its hand of cooperation with the world countries in the field of trade and economy, he said, expressing hope that this exhibition would boost Iran’s trade with the world.

The 6th Export Potentials Exhibition of the Islamic Republic of Iran entitled “IRAN EXPO 2024” was inaugurated at the Tehran International Exhibitions Center on Saturday and will run for four days. / Tasnim