TEHRAN, Iran, Feb.17
Trend:
Iran is fully prepared for trade negotiations while the country's trade talks have intensified during current Iranian year (started March 21, 2019), said Deputy Minister of Industry Mine and Trade.
"Negotiations are underway with some countries, including Malaysia, Azerbaijan, Serbia, India and Pakistan," said Hamid Zadboum, Trend reports citing Iran Trade and Promotion Organization's website.
"Iran has signed Economic Cooperation Organization (ECO) agreement 15 years ago; there have been ongoing negotiations on several agreements. Naturally, tariffs in our country is a bit higher than those set by World Trade Organization, but we are not WTO member statel while and high tariffs are to support domestic production," the deputy minister said.
"Preferential trade agreements were signed with Turkey, Uzbekistan and Eurasian Economic Union," Zadboum added.
"In the sanction situation, exporters are facing problems, so Iran has formed a working group in Iran Trade and Promotion Organization to develop export," the official noted.
"Lack of infrastructure, transportation issues, black market, and lack of trucks for transportation of agriculture products are some of the obstacles hindering the export development," he said.