Call for Launching Mechanism for Barter Between Tehran and Copenhagen
IRAN NEWS ECONOMIC DESK
TEHRAN – The introductory meeting of Joint Commercial Committee of Iran-Denmark was held in Tehran on Tuesday in presence of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Deputy Head for International Affairs Mohammad-Reza Karbasi, representatives of Foreign Ministry, representatives of ministry of industry, mine and trade as well as economic activists.
During the meeting, the participants called for launching a mechanism for barter in order to improve bilateral economic cooperation between Iran and Denmark.
Addressing the meeting, Mr. Karbasi pointed to some major economic indexes of Denmark like creative human resources, reliance on foreign trade, reliance on modern technology, open market and trade with foreign countries as well as production and an economy based on private ownership.
He then pointed to some major fields that Iran and Denmark can cooperate in them.
Karbasi further noted that Denmark ranks 32nd in the world in terms of exporting crude oil and instead it imports raw mineral materials.
He stated Denmark’s foreign trade volume stands at $120b as its exports are about $108b and the remaining belongs to imports from other countries.
Karbasi also noted that the trade volume between Iran and Denmark stood at $281m in 2017 and the figure fell to $235m in 2018 and it also plummeted to $160m in the first three quarters of 2019.
He pointed to renewable energies, hygiene, health and medicines, pharmaceuticals, petrochemicals, diary industries and shipping as the major fields which have huge potentials for cooperation between Iranian and Danish economic activists.
He also pointed to the existing problems for transfer of money and lack of banking brokerage, suggesting that the joint commercial committee of Iran and Denmark to prioritize the launch of a mechanism for barter.
Karbasi also called for resumption of Tehran-Copenhagen direct flight. He also expressed hope that the committee would lead to the establishment of Iran-Denmark Joint Chamber of Commerce.
Meanwhile Foreign Minister’s representative Gholamhossein Ebrahimi, for his part, reiterated that Denmark is one of the few countries which expressed its interest in investment in Iran after the nuclear deal, adding that Danish Ambassador is very interested in cooperation with Iran and his presence in Tehran is an economic advantage for Iran.
He expressed hope Iran’s newly appointed ambassador to Denmark Afsaneh Nadipoor would improve the bilateral relations.
