Tehran, Caracas Agree for Export of 100,000 Iranian Cars
Tehran, Caracas Agree for Export of 100,000 Iranian Cars
Director General of American Bureau of Trade Promotion Organization of Iran says Iran has reached agreement with Venezuela for exporting over 100,000 cars to Venezuela in five years.

TEHRAN (Iran News) –Director General of American Bureau of Trade Promotion Organization of Iran says Iran has reached agreement with Venezuela for exporting over 100,000 cars to Venezuela in five years.

Speaking to ILNA, Zahra Abeiri said that Tehran and Caracas have signed an agreement for export of 100,000 cars to Venezuela in five years, and in recent days, 1000 cars have been exported to Venezuela and Tehran is planning for sending 2,000 more cars. He added that the 1000-car batch was exported to Venezuela after receiving major part of money for the cars.

She then touched upon the latest details of trade between Iran and Venezuela and said that bilateral cooperation is in the fields of energy, scientific and technology, health and medicines, education, agriculture, tourism, petrochemical and industries.

Abeiri then pointed to the agreements between the two countries for improving electricity system in Venezuela, adding that dispatch of medicines especially in medical treatment of cancer, exchange of scientific co-operations, investment of over 40 Iranian companies in Venezuela, approval of protocols which are aimed at advancing the process for exchange of products with animal and plant roots, are of other fields of cooperation between the two states.

She went on to say that in the 20-year document which was signed between Iran and Venezuela during President Nicolas Maduro visit to Tehran in June, both sides drew up bilateral co-operations for the next two years. She stated that both oil-rich countries are under the U.S. sanctions and both are also the OPEC members and can have effective cooperation for making ineffective the sanctions, adding that Venezuela with over 33m hectares of cultivable land and abundant water resources have problems in agriculture.

Abeiri then pointed to the hurdles in way of progress in trade of both states, noting that long distance, technological weakness, lack of industrial tools are of the known problems in way of boosting trade, and these problems have made considerable amount of cultivable lands in Venezuela remain intact.

On the barter trade with Venezuela, he said that there are unique and individual capacities in this field that by planning by the government these capacities can be used. She then pointed to the fields for boosting cooperation like exporting technical services and gas condensates.

Abeiri added that Venezuela has asked for 200,000 cars from Iranian auto-maker SAIPA and both sides keen to launch the production line for SAIPA cars in Venezuela and soon it will happen.