Mar 14, 2016, 6:20 PM

Labor Min.:

Iran-Georgia trade balance should quadruple

Iran-Georgia trade balance should quadruple

TEHRAN, Mar. 14 (MNA) – Iran’s minister of labor and social welfare has said there is ground for Iran and Georgia to increase bilateral trade balance fourfold.

Ali Rabiei who was receiving Georgian deputy-FM on Monday, said that long history of cultural relations would provide grounds for economic relations improve to desirable levels. “A joint economic commission is crucial in advancing this necessity; the Islamic Republic of Iran has enough preparations to implement the signed agreements which assert that Iran will build ceramic, pharmaceutical, and cement manufacturing industries in the Caucasian republic,” he told the press. “We hope that the joint economic commission meet before Georgian prime minister arrives in Tehran; however, some Georgian companies have pioneered economic talks already through engaging in negotiation with Iranian Social Security Organization (ISSO) companies group (acronym in Persian: SHESTA).”

David Jalagania, for his part, objected that a trade balance of merely $ 100mn did not represent the level of bilateral relations; “Georgia welcomes Iranian investments now with easing sanctions and better investment opportunities embrace Iranian markets; Iran and Georgia could cooperate in trade, tourism and transit sectors, and we would host about 90,000 tourists annually,” he added.

“Currently, Iranian airlines have flights to Tbilisi twice a week; flights could be increased due to sheer geographical size of Iran which I believe could revolutionize Georgia’s tourism sector by sending larger numbers of tourists and provide Iranian airlines with a source of income,” Jalagania emphasized. “Iran is a reliable partner for Georgia in the region; currently, Georgia enjoy north-south corridor and only work to extend the corridor further south which would traverse Iran to reach to Persian Gulf and Sea of Oman; alternatively, in terms of improving transportations, a new port city is being built in Black Sea and would provide Iran excellent routes to reach to Europe,” he detailed.

“Georgia would participate in energy export to Europe as participation in quadrilateral projects with Iran, Russia, and Armenia; Iran will participate also in building cement and pharmaceutical industries,” Jalagania added. 

 

News ID 115218

Tags

Your Comment

You are replying to: .
  • captcha