TEHRAN (Iran News) –Niloufar Asadi, caretaker of the international affairs department of the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA), in a meeting with the head of the commercial office of the Vietnamese Embassy in Tehran, stressed the need for using barter trade as a way to increase trade relations between the two countries.
During the meeting which was held at the place of ICCIMA in Tehran, the two sides discussed ways to develop trade between the two countries and remove the obstacles and problems facing it.
Also, during a meeting at the place of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) in previous week, the representatives of the private sectors of Iran and Vietnam discussed the ways of developing trade between the two sides.
Assadi made the remarks in a meeting in Tehran with Head of the Trade Office of the Vietnamese Embassy in Tehran Nguyen Thanh Long where the two sides explored avenues for promotion of bilateral trade and removing the obstacles on this way.
Exercising barter trade requires a specific mechanism, she said, adding that such a mechanism has to be defined by trade promotion organizations and central banks of both countries.
Assadi called on the Vietnamese side to propose a list of items for barter trade with Iran.
She said that private sector actors of Iran and Vietnam can engage in a bilateral or trilateral barter trade system in which two companies supply each other with the commodities needed by one another or supply the needs of a third company.
Elaborating on the scheme, she said that, for instance, an Iranian company supplies a Vietnamese company with its needs and the Vietnamese companies provides another Iranian companies with its required commodities, while the second Iranian company pays the costs to the first Iranian company on behalf of the Vietnamese company.
The Vietnamese side Nguyen Long, said in the meantime that his country attaches special significance to trade with Iran although this trade has to take place amid the Western sanctions on Tehran.
Long said that experiences of trade with other countries, particularly Iran’s neighboring countries, can prove helpful in finding solutions and devising mechanisms for trade with Iran.
He added that trade with Iran is very important for Vietnam although the trade should be continued while Tehran is under sanctions.
He added that using the trade experience of other countries as well as Iran’s neighboring countries can lead to find solutions for determining mechanisms for trade and barter of goods with Iran.
He reiterated that whenever a Vietnamese trade delegation arrives in Tehran, it tries to exchange information for boosting interaction between businessmen of the two countries.
