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By 2022;

Iran,South Africa Trade Volume to Increase $1 bn

Director General of the Arabic-African Trade Development Organization said based on Iran and South Africa commercial exchange expansion program, two countries' trade volume will be 1 billion dollars by 2022, urging for removing banking barriers.
News ID : 85484
کانتینر

Farzad Piltan pointed to the investment opportunities betwen two nations, saying for economic cooperation expansion, we consider secial priority for South Africa.



He mentioned that investment opportunities in Iran Trade Development Organization have been planed in away that two countries's whole capacities are identified and tapped.



The official spelt out a program for increasing trade volume between Iran aand South Africa to one billion doolars by 2022 with the cooperation of economic departments of two countries' embassies.



"Although our target is 2 billion dollars trade volume, currently commercial exchange expansion program is aimed at one billion doollars", Piltan said.



Director General of the Arabic-African Trade Development Organization referred to Iran and south Africa's 70 million dollars tarde volume in the previous year, adding investment development in technical and engineering services exports and expanding tourism capacities have been seen, expressing his hope that with the cooperation of two countries' state sectors, one billion dollars trade volume comes to true to by 2022.


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