Iran’s Export Potential in Malaysian Markets
TEHRAN (Iran News) A joint meeting between the head and members of the board of the Iranian Chamber of Guilds and the Malaysian Ambassador was held at the Chamber of Guilds of Iran to discuss the export capacities of the two countries.
Mojtaba Safaei, the head of the Iranian Chamber of Guilds, expressed his satisfaction with the establishment of trade relations with Malaysia and described this meeting as a starting point for creating constructive relations between the two countries. He noted that Iranian guilds possess extensive capabilities in production and export in areas such as furniture, gold and jewelry, carpets, dried fruits, clothing, leather, bags, and shoes. He emphasized the need to strengthen their export potential so that these products can be exported directly to various countries.
He added that Malaysia’s strategic location in Southeast Asia, along with the religious and cultural similarities, especially in the field of halal products, offers a significant opportunity for Iranian guilds to maximize the export and distribution of their products in Malaysian markets, contributing to foreign exchange earnings for Iran.
According to Safaei, Malaysia has one of the fastest-growing populations in the world, making it a promising market. Establishing a bilateral trade relationship can help meet the needs of both countries through exports and imports.
Safaei announced the Iranian Chamber of Guilds’ readiness to invite Malaysian traders and merchants to visit and explore export and import opportunities in Iran and called for the creation of a platform that allows Iranian traders and merchants to enter Malaysian markets.
He emphasized the importance of direct trade between Iran and Malaysia, expressing hope that this meeting would pave the way for the development of economic activities between the two countries.
The Malaysian Ambassador to Tehran, Khairi bin Omar, expressed his pleasure at meeting with Iranian guilds and noted that this meeting has laid the foundation for a bright future for economic cooperation between the two countries. He emphasized the need for an appropriate platform to expand trade and economic relations while ensuring mutual benefits.
According to Khairi bin Omar, Malaysia is both an exporter and an importer, and in certain areas, it requires imports from Iran. He mentioned that some Iranian products are already available in Malaysian markets and believes that importing Iranian goods is cost-effective for Malaysian traders while also being attractive to Malaysian consumers due to their high quality.
He continued by highlighting the demand for products such as steel, iron, saffron, and dates in Malaysia, and expressed the interest of Malaysian unions and guilds in establishing commercial relations with Iran.
The Malaysian Ambassador expressed optimism about the positive outcomes of this meeting and hoped that future tours to explore the economic capacities of both countries would allow Iranian and Malaysian traders to begin and expand their trade relations under the best conditions and platforms.
