Iran, Brazil Sign MoU on Cooperatives

The Iran Chamber of Cooperatives and the State Organization of Brazilian Cooperatives (OCB) signed a memorandum of understanding (MoU) in Tehran to bolster bilateral cooperation between the two countries for the development of cooperatives.

The MoU was inked on the sidelines of a meeting of members of the Board of Directors of the International Cooperative Alliance (ICA) held in Tehran, IRNA reported.

It was signed between Chairman of Iran Chamber of Cooperatives Bahman Abdollahi and President of State Organization of Brazilian Cooperatives Rémy Gorka aimed at strengthening mutual cooperation at multilateral assemblies, dispatching, admitting trade-economic delegations and developing the exchange of technical know-how and experiences of successful models.

Cooperating in the agreed bilateral activities in the fields of trade, industry, finance and investment, developing and promoting trade cooperation and bilateral investment, focusing on social and economic growth and development, and encouraging members to participate in the international trade fairs and trade seminars were among major topics discussed at this expert-level meeting. - Iran Daily