TEHRAN (Iran News) – Call for Launch of Mechanism for Barter Trade Between Iran and Denmark. In the Iran-Denmark Joint Commerce Committee meeting, the participants called for the launch of a mechanism for barter trade between Iran and Denmark.
In the meeting, the participants explored the latest developments regarding cooperation between Iran and Denmark and the existing trade capacities of the two countries as well as ways for expanding the current trade level of these two states.
Head of the Iran Denmark Joint Commerce Committee Parham Rezaee, addressing the meeting, pointed to the good and historic political relations between Iran and Denmark and said since 1691 till now this diplomatic relation has continued strongly. He added although after the reimposition of the U.S. sanctions, the trade volume between the two countries has declined but some Danish companies have continued their activities in Iran despite the U.S. threats and its post-JCPOA-exit pressures.
He went on to say that for trade with Denmark there are several problems and hurdles due to the economic and banking sanctions and expressed hope in the near future these hurdles are removed, adding that even in this period, most of Danish companies in the fields of food and medicine have had good cooperation with Iran and Embassy of Denmark in Tehran has had close cooperation for resolving the problems of Iranian economic activists.
Referring to the existing grounds for the joint cooperation between Iran and Denmark, he said medical and medicine equipment, food industries and providing machineries, providing raw materials, clean energies and also exports to the countries in the region make Iran and region’s market a very attractive one for the new investments.
Rezaee, pointing to the probable openings in the near future, called for paving the required grounds for the surge in exports in the country and developing trade and economic cooperation. He also urged the Embassy of Denmark to introduce small and medium-size companies of Denmark to Iranian economic activists and he also announced that the committee is to hold a webinar in the near future for announcing its future plans and programs.
He also admitted that the trade exchanges between Iran and Denmark has been affected by the pandemic and declined, expressing hope that with the prudence and wisdom of the new Danish diplomatic team in Tehran and its new ambassador Mr. Jesper Vah, these trade exchanges would enhance.
Rezaee also said Denmark can cooperate with Iran in the fields of new technologies, renewable energies and environment, health and social health, raw material required by the industries, petrochemical industries, transportation and shipping.
Then Danish Ambassador Mr. Vahr, for his part, expressed his interest to Iran’s culture and nation and said expansion of close economic cooperation with Iran is of the major plans of the embassy in Tehran.
He said in 2016 and after taking an initiative, a Danish trade delegation visited Tehran which was a turning point for expanding cooperation between the two countries and new co-operations began. However, reimposition of the sanctions turned into hurdles for expansion of trade between Tehran and Copenhagen, the diplomat said, and expressed hope the problems of the JCPOA as well as the FATF would be resolved soon and exchange of forex is restored like before.
He admitted although resolving banking hurdles after the revival of the JCPOA will take time, the Danes as much as Iranians are interested these hurdles are removed for more joint cooperation.
Vahr then announced the readiness of the embassy in Tehran for any cooperation with the Iran-Denmark Joint Commerce Committee and economic activists of both countries and resolving problems regarding the bilateral trade.
Then the members of the committee and participants in the meeting raised their suggestions and views for expansion of economic cooperation between Iran and Denmark. They also called for the launch of a mechanism for barter trade between the two states.