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News number: 8807181507

16:29 | 2009-10-10

Economy

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Iran, Belarus Agree on Expansion of Economic Cooperation

TEHRAN (FNA)- Iranian and Belarusian officials here on Saturday stressed the need for bolstering relations and increasing trade exchanges between the two countries.



"Now all the people are waiting for the opening of more gates in the relations between Iran and Belarus," Chairman of Tehran's Chamber of Commerce, Industries and Mine (TCCIM) Yahiya Al-e Eshaq said in a meeting with Belarusian Envoy to Tehran Victor Ribaak.

Considering their existing capacities and potentials, Iran and Belarus can play complementary roles to each other, Al-e Eshaq pointed out.

He also hailed the remarkable progress in the Belarusian heavy industries, and said it can be considered as an advantage for Iranian experts.

"Tehran's Chamber of Commerce is prepared to develop the two countries' trade ties in the private sector and prefers to swiftly find opportunities and potentialities to put into action cooperation between the two sides, which is now at the level of negotiations so that investors of both countries will be able to boost the level of economic relations through carrying out different projects," Al-e Eshaq stressed.

Ribaak, for his part, underlined that his country has granted some facilities to foreign investors, Iranians in particular.

"The political relations between the two countries only have a 16-year-old history and we should make up for this lagging through the further expansion of economic relations," ha added.