Iranian private sector highlights preferential trade with Turkmenistan

April 29, 2024 - 13:46

TEHRAN - Head of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Samad Hassanzadeh has stressed that the enhancement of trade between Iran and Turkmenistan relies on the establishment of a preferential trade system between the two countries.

Hassanzadeh made the remarks during a meeting in Tehran on Saturday with his Turkmen counterpart Mergen Gurdov, the ICCIMA portal reported.

Noting that Iran-Turkmenistan trade volume stands at $450 million, he said that bilateral exchanges between the two neighboring countries are not favorable considering the two countries’ potentials. 

There is a big potential for cooperation in tourism and health tourism, the Iran Chamber of Commerce president said, adding that Iran can also meet the needs of Turkmenistan in the areas of knowledge-based technology, industry, mine, and agriculture.

Referring to problems facing Iranian businesspeople in trade with Turkmenistan, he said that Iran has unilaterally facilitated visa requirements for Turkmen nationals and expects Turkmenistan to reciprocate Iran’s measure.

In the meantime, the Turkmen side referred to major potentials for trade between Iran and Turkmenistan, adding that the Chamber of Commerce and Industry of Turkmenistan is ready to pave the way for further expansion of bilateral trade.

Hailing the high level of Iran Expo 2024, which is currently underway in Tehran, he said that a similar exhibition is held annually in Turkmenistan and the country is willing to see Iranian businesspeople in this event.

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