TEHRAN (Iran News) – A coordination meeting was held between Iran Embassy with Iran Chamber of Cooperatives (ICC) as the operator of Iran’s pavilion in the upcoming international exhibition in Algeria.
According to the reports, ICC hosted this online coordination meeting with presence of deputy head of the ICC on international affairs as well as some of economic activists and participants in the exhibition which is to be held in Algeria.
The 53th international exhibition of Algeria which had postponed two years due to the pandemic will be held in June 2022 and the ICC has been chosen as the operator of the pavilion of the Islamic Republic of Iran in the exhibition.
In the meeting, deputy head of the ICC on international affairs Mr. Mohammad Ali Zeighami had a full explanation on the capacities and capabilities of the cooperatives sector of the company and economic activists in return announced their concerns regarding the presence in this event in Algeria.
Meanwhile Iran’s Ambassador to Algeria Mr. Mashalchi Zadeh, for his part, briefed the participants of the current economic climate and condition of Algeria and said Algeria has a good market with high capacity for Iranian products.
So far several companies have announced readiness to attend the exhibition in the fields of technical and engineering services, food products, steel, steel products, pastry, chocolate, paint and resin, petrochemical material, carpet, nano products and pharmaceuticals and medical equipment.
In the meeting, expansion of trade ties with Algeria and presenting the latest information about the trade regulations of Algeria to Iranian traders were discussed.
The trade exchange between Iran and Algeria in the first 8 months of the current year has been around $67m, mostly exports and with participation in this event in Algeria, Iran’s exports to this African country can increase considerably as their trade volume stood at $124m last year.
