TEHRAN (Iran News) –Head of Europe Department of Iran Chamber of Commerce, Industry, Mine and Agriculture (ICCIMA) Ms. Sima Farkhondeh Nejad in meeting with Head of Malaysia-Myanmar Business Chamber Amara Singam said that launching the mechanism of barter trade between Iran and Malaysia will lead to the boost in bilateral trade.
In the meeting vice-president of Myanmar-Malaysia Business Chamber Itan Azizan and some Iranian economic activists were present.
In the meeting, Farkhondeh Nejad pointed to the main existing obstacles in way of broadening economic cooperation between Iran and Malaysia and said that banking restrictions is the main effective factor for the decline of international trade and therefore using national currencies as well as defining the mechanism of barter trade between the two countries will help the bilateral trade to improve.
She then pointed to the grounds for cooperation between the two states, noting that joint investment in the field of food and vaccines, producing hallal cosmetics, health tourism, herbal medicines, handicrafts and etc. can lead to the rise in the bilateral cooperation.
She also announced readiness of the ICCIMA for holding specialized meetings in the fields for joint cooperation between Malaysian companies and specialized Iranian formations.
Then Singam, for his part, announced continuous meeting of the members of Malaysia-Myanmar Business Chamber with its Iranian counterpart in the upcoming months and invited ICCIMA to partake in the upcoming meeting of economic activists of Myanmar and Pakistan which is to be held in Malaysia.
Then Head of International Affairs of Karaj Chamber of Commerce as the assigned chamber for trade with Malaysia for broadening bilateral relations invited the visitors to visit Alborz Chamber of Commerce and to get acquainted with industrial units of this province for bilateral cooperation.
