Iran,Sharjah Keen on Expansion of Trade Ties
In a meeting in Dubai with Iranian Trade Council delegation, headed by Hossein Haqiqi, he added that Sharjah Trade and Industrial Council emphasizes strengthening trade relations with Iranian traders.
He added that the Emirates' Chamber of Commerce and Industry encouraged Iranian private sector for higher joint investment and is ready to provide facilities to Iranian entrepreneurs to boost bilateral trade.
The two sides agreed to provide the grounds for establishing a cooperation commission between Sharjah Chamber of Commerce and Iran Trade Council, IRNA said.
Iran Trade Council was formed in Dubai in 1995 with the aim of providing facilities for strengthening trade between Iran and the UAE.
Forty Iranian companies have participated in the 9th Islamic Trade Exhibition to held in Sharjah, on December 21-26, the Public Relations Office of the Iranian International Exhibitions Company announced here on December.
The exhibition, entitled "World of Islam, Free Trade and Sustainable Development," aimed to acquaint Islamic countries with each other's capabilities and service potential in order to promote and boost the level of exchanges among these countries.
The Iranian companies showcased various products and services including machinery, equipment, technical and engineering services, furniture, textiles, house decorations and foodstuff as well as agricultural, pharmaceutical and health products.
Meanwhile, Iran was the third trade partner of Abu Dhabi as reexport destination in the first six months of 2002, a UAE customs report announced on Monday.
Abu Dhabi Customs House said in the report that the total value of the re-exported commodities from Abu Dhabi to Iran has reached over 11.8 million dollars during the period.
The report added that Iran was placed in the third position as the final destination of reexport from Abu Dhabi in the first six months of the 2002, standing after Saudi Arabia with 27.3 million dollars and Qatar with 25.3 million dollars worth of goods.
Iran has also been among the most important trade partners of Dubai and Sharjah, two other emirates of the UAE, during the recent years.