Mutual trade potential yet to reach full scale capacity

Belarus and Iran confirm interest in setting up trade representations in their countries

By Tatiana Lobasova

Further prospects for mutually beneficial bilateral co-operation have been discussed in Minsk by Belarus’ Trade Minister, Valentin Chekanov, and the Iranian Minister for Trade and Economics, Mehdi Gazanfari.

Both noted that Belarus and Iran remain reliable partners in all spheres of trade, with Iran actively buying Belarusian machinery, viewing it as good value for money. Over the first ten months of 2010, bilateral turnover reached almost $80m (137 percent against the same period of the previous year).

However, the two ministers also noted that this volume could be expanded. The Iranian Minister expressed his readiness to promote Belarusian products via the trading network in Iran, while his country is keen to supply its good to Belarus.
Mr. Chekanov stressed that our two ministries share the same view on this issue and confirmed Belarus’ interest in increasing turnover with Iran. He noted that direct contacts between Belarusian and Iranian businessmen, via bilateral meetings and visits, can greatly promote this. He wishes to see our two states’ chambers of commerce and industry working together to maximum effect, with trade representation offices set up in both countries.

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