Iran-East Africa business forum focusing on banking, insurance, and transportation, was held in Tehran on Wednesday, July 24.

Iran Press/Iran news: The forum which was organised by the Iranian Trade Promotion Organisation (TPO), aimed to explore issues regarding the banking, transportation and insurance relations with East Africa, especially in maritime transportation and shipping.

Speaking at this forum, deputy head of Trade Promotion Organisation of Iran, Mohammad-Reza Modoudi, called for more economic interaction and trade between the two sides and said Africa is one of the best places for Iranian investments.

He also noted that despite unilateral sanctions against Iran, Tehran has promoted business relations with some African countries. 

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