Jan 30, 2022, 8:32 PM
Journalist ID: 1114
News ID: 84632363
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Iran Chamber chief terms South America as good target market

Jan 30, 2022, 8:32 PM
News ID: 84632363
Iran Chamber chief terms South America as good target market

Mashad, IRNA – President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Gholam Hossein Shafei said on Sunday that South America is a good market for the country.

Speaking during a meeting in Iranian local chamber of Khorasan Razavi, Shafei said that one of the main hurdles on the way of trade with South America is costly transportation.

He referred to Iran’s chances for trade with Brazil and said that COVID curbs did not reduced trade ties with Brazil and exchanges between the two countries have even increased.

Iran imported some $1.7 billion of goods from Brazil over the first 10 months of 2021 while exporting only $116 million of goods to the country, Shafei said, urging the need for balancing trade between the two countries.  

He reiterated the necessity for launching direct shipping lines between Iran and South America and a direct air line to Sao Paulo as well to solve the problem of transportation to the region.

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