TCCIMA Signs cooperation MOU with IranRussia Joint Chamber

TCCIMA Signs cooperation MOU with Iran-Russia Joint Chamber

TEHRAN - In a meeting at the Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA), aimed at fostering strategic collaboration to enhance private sector trade with Russia and addressing challenges faced by economic operators, a memorandum of understanding (MOU) was signed between the TCCIMA and the Iran-Russia Joint Chamber of Commerce.

The event was attended by Mehdi Sadeghi, deputy head of the Tehran Chamber, and Hadi Tizhoosh Taban, the head of the Iran-Russia Joint Chamber, the TCCIMA portal reported.

The agreement aims to strengthen cooperation in resolving trade issues for Iran's private sector with Russia and expanding economic ties between the two nations.

According to the TCCIMA’s Public Relations Department, the MOU was signed during a joint meeting by Hesameddin Hallaj, International Affairs Deputy of the Tehran Chamber, and Roshanali Yektai Qarabaei, Vice President of the Iran-Russia Joint Chamber.

During the meeting, Mehdi Sadeghi highlighted that the Tehran Chamber has identified eight target countries in its strategic roadmap, with Russia prioritized as a key partner for expanding trade relations. He also noted the development of six value chains to guide this strategy.

Sadeghi emphasized that the new phase of collaboration between the Tehran Chamber and the Iran-Russia Joint Chamber is designed to streamline private-sector trade with Russia while creating new opportunities for trade and investment.

Hadi Tizhoosh Taban pointed out Russia’s annual import volume of $290 billion, stressing that Iran’s share of this market remains minimal. He called on Iran's private sector to collaborate with specialized trade organizations to identify key obstacles and devise actionable solutions to boost trade between the two countries.

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source: tehrantimes.com