Iran & Malaysia Discuss Ways of Expanding Trade, Economic Ties

Officials from Iran and Malaysia met in Tehran on Tuesday to discuss ways of enhancing bilateral ties in the fields of trade and economy.

In a meeting between the Head of the Iran Chamber of Guilds Mojtaba Safaei and the Malaysian Ambassador to Tehran Khairi Bin Omar, the two sides called for boosting trade ties using the capacities of the two countries, the portal of the Iran Chamber of Guilds reported.

Speaking at the gathering, Safaei stressed the need to familiarize Malaysian merchants with Iran’s export opportunities as well as paving the way for the active presence of Iranian traders in the Malaysian market.

He said that the guild unions in Iran have good capacities in both production and export sectors in the fields of furniture, gold and jewelry, carpet, dried nuts, garments, leather, etc.

Malaysia's geographical position in Southeast Asia and the religious-cultural commonalities, especially in the field of halal products, provide an opportunity for the Iranian guild union to export their products to the Malaysian market, he emphasized.

The official further announced the readiness of the Iranian Chamber of Guilds to invite Malaysian businessmen and traders to visit and identify Iran's export and import opportunities and called for providing a suitable platform for the presence of Iranian businesspersons in the Malaysian market.

The Malaysian envoy, for his part, said that the two countries have high potential to expand their trade ties.

Malaysia can import goods from Iran in several areas, Khairi said, adding that some Iranian products are available in the Malaysian market already.

He also said he believes that importing Iranian products is not only cost effective for Malaysian merchants, but also the quality of the products is particularly attractive to consumers in Malaysia.

Steel, iron, saffron and dates are among the import needs in Malaysia, the envoy added. - Tehran Times