Tehran, Kharkiv Ready for Barter Trade
Tehran, Kharkiv Ready for Barter Trade
Iranian Ukrainian private sector activists in a webinar which was held in collaboration between Tehran Chamber of Commerce and Chamber of Kharkiv of Ukraine explored ways for expansion of cooperation and decided to increase the current trade volume of less than one billion dollars to five billion dollars.

Tehran, Kharkiv Ready for Barter Trade

IRAN NEWS ECONOMIC DESK

TEHRAN – Iranian Ukrainian private sector activists in a webinar which was held in collaboration between Tehran Chamber of Commerce and Chamber of Kharkiv of Ukraine explored ways for expansion of cooperation and decided to increase the current trade volume of less than one billion dollars to five billion dollars.

In the webinar which was held on Tuesday, over 70 companies from private sectors of Iran and Ukraine were present and both sides found the opportunity to present their capabilities and potentials for cooperation.

Head of International Affairs Department of Tehran Chamber of Commerce Hesamuldin Hallaj pointed to the close relations between Iran and Ukraine in the past decades and termed as appropriate the ground for developing economic relation between the both states and noted that economic activists of private sector of both states can take advantage of common capacities for improving the current trade.

He said bartering products and mineral materials beside bartering the oil and gas products and industrial equipment are of the good opportunities in front of the enterprises of both countries, and invited private sector of both countries in the fields of aerospace, industrial automation, mines, agro machineries and electric urban transportation vehicles as Iranian and Ukrainian companies are capable in them.

Meanwhile Iran Ambassador to Ukraine Manouchehr Moradi called for creating a condition for restoring industrial and economic cooperation between provinces of both states and noted that Iran embassy in Ukraine is ready to cooperate with private sectors in provinces of both countries to make them familiar with capacities and potentials for bilateral cooperation. He then pointed to the agreement of senior officials of both countries to boost the bilateral trade to $5b annually, stipulating that Kharkiv Province of Ukraine can have considerable share of this relation.

Ukraine Ambassador to Tehran Sergey Burdylyak, for his part, said after the JCPOA and decreasing sanctions against Iran, the trade volume of Iran and Ukraine almost reached $1b but after the start of the second wave of sanctions, the trade relation decreased. He added that despite sanctions, today they are witnessing the rise in the trade exchanges between Iran and Ukraine, and Ukraine exports to Iran are on the rise. Hu further said both countries can work together in exchange of technology beside agro products which are not under sanctions.

Meanwhile deputy head of Kharkiv Chamber of Commerce Ina Katiana addressing the webinar explained the economic and industrial capabilities of Kharkiv and announced readiness of Kharkiv Chamber of Commerce for offering consultation services to Iranian companies for entering the Ukraine market especially Kharkiv Province.

Katiana said private sectors of both counties can cooperate in the fields like construction industries, oil and gas, health and medical, automation systems, agriculture and chemical products.

Then economic activists participants in the webinar exchanged their views on the business and announced readiness for cooperation and began direct talks.