Head of Iran's Trade Promotion Organization (TPO) has said the establishment of the first Iranian trade center in Russia is expected to pave the way for reaching an annual eight-billion-dollar trade within two years, Tehran Times reports.
Iran’s first trade center in Russia was launched on Thursday in a ceremony attended by senior officials from the two sides including TPO Head Alireza Peyman-Pak and Chairman of the Central Union of Consumer Societies of the Russian Federation Dmitry Zubov.
Speaking to the press after the ceremony, Peyman-Pak said the first Iranian trade center in Russia is going to increase trade exchanges by facilitating the holding of meetings between Russian and Iranian merchants and signing memorandums of understanding while providing banking, insurance, and customs consultations, as well as supporting industrialists and businessmen in terms of legal issues.
The first trade center is set to remove obstacles in the way of trade between the two countries, the official noted, adding that various entities such as Iranian Industry, Mining, and Trade Ministry, Iran’s Embassy in Moscow, TPO, Iran-Russia Joint Chamber of Commerce and the parliament have collaborated in setting up the center.
He further expressed the two countries’ determination to increase the volume of trade exchanges, saying that the trade center can organize the necessary coordination for the expansion of connections and the set-up of various exhibitions.
For his part, Zubov said that the trade center can pave the way for signing contracts and procuring documents as well as providing legal support when it comes to mutual economic cooperation between Iranian and Russian businessmen.