TEHRAN, June 23 (MNA) -– The First Session of Iran-Malaysia Joint Economic Committee ended in Kuala Lumpur on Friday.

The committee chaired by Iran’s Minister of Commerce Masud Mir-Kazemi and Malaysia’s International Trade and Industry Minister Datuk Seri Rafidah Aziz, discussed various fields of economic cooperation including, joint investments in technical, engineering and medical services, communications, roads and transportation sectors as well as the banking and customs cooperation.


During the meeting, the Iranian minister offered a number of investment avenues in Iran open to the investors from both the private and public sectors of the Southeast Asian nation.


Referring to Iran’s achievements in various scientific, technical, engineering, industrial, service and production sectors, Mir-Kazemi said that in light of the agreements reached on preferential tariff during the D-8 Summit in Indonesia, Iran is ready to expand its economic relations with Malaysia.


For her part, Malaysia’s International Trade and Industry Minister expressed her country’s interest in the expansion of economic and trade ties with Iran and called for boosting Iran’s exports to Kuala Lumpur.


Iran and Malaysia’s trade exchange is currently estimated at over $700 million.









News Code 17603

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