Dubai Chamber of Commerce visit to Iran

Deputy Minister of Economic Affairs and Finance Behrouz Alishiri said on Monday that Iran and the United Arab Emirates have extensive economic cooperation citing high volume of trade between the two countries.

He made the remarks in a meeting with a group of UAE businessmen in Tehran.

Expansion of economic cooperation by the Iranian and the UAE companies is a good indication of satisfactory economic relations but the two sides should spare no efforts to enhance level of the current trade, he said.

Iran gives priority to expansion of economic relations and cooperation with its neighboring states mainly those from the Persian Gulf, he said.

The visit of the Kuwaiti Emir to Tehran and the visit of a Qatari economic delegation to Hormuzgan province prove firm determination of Iranian government to develop relations with the neighboring countries.

Among its neighboring states, Iran has the best economic ties with the UAE, he said and called for more investments by UAE businessmen in Iran.

Alishiri called for formation of Iran-UAE joint economic cooperation commission to explore new investment opportunities in Iran.

The grounds for investments are well-prepared in agriculture, tourism and construction of hotels in Iran, he said adding that the number of incoming tourists to Iran has risen up four-fold.

Chairman of Dubai Chamber of Commerce Abdul Rahman Saif al-Aziz said there exist huge potentials to broaden economic relations and cooperation between the two countries.

Referring to high number of Iranian businessmen and tourists in the UAE and mainly in Dubai, he called for removal of barriers to help broaden volume of trade between the two countries as well as easing of trade tariffs.