Tehran (IP) – Deputy Chairman of the Iran-Africa Business Club says trade volume between the country and African countries has grown by 27% in the first half of the current Iranian year (March-September 2022).

Iran PressIran News: Addressing the second meeting of reviewing trade opportunities of Iran and Africa on Tuesday, Ruhollah Latifi stated that the forum was intended to pave the way for promoting the private sector to boost their presence in African markets.

He noted that a new direct flight between an African country and Iran would be launched within one year.

The Iranian official highlighted that the six-month trade between Iran and Africa reached 1,437,500 tons worth 761.5 million dollars, showing a 1% rise in weight and 27% in the value of commodities.

He pointed out that Iran’s export to Africa had been 1.382 million tons worth 710 million dollars, indicating 24% growth.

According to Latifi, Tanzania, Kenya, South Africa, Ghana, Congo, Seychelles, and Egypt are the first seven countries exporting goods to Iran, while South Africa, Mozambique, Nigeria, Ghana, Ivory Coast, Kenya, and Tanzania are the first seven countries importing Iranian commodities.

He explained that Iran is paving the grounds for Iranian companies to participate in Senegal’s FIDAK International Fair, which is scheduled for December 16 to 31 in Dakar. He added that enthusiasts can visit http://ircabc.club/fidak to register for the international event.

Other participants in the Tuesday meeting in Tehran, such as the Senegalese envoy to Iran, the Iranian ambassador to Senegal, and the head of the Iran-Africa Business Club, elaborated on expanding Iran-Africa cooperation.

Iran’s Ambassador to Dakar, Mohammad-Reza Dehshiri, stated that with an average economic growth rate of 5% in the last seven years, Senegal is one of the most stable economies in Africa; hence, it can turn into the gate for the export of Iranian goods to other African nations.

The Senegalese Ambassador to Tehran, Saliou Niang Dieng, pointed out that his country enjoys a free economy, which can provide foreign investments and pave the way for setting up businesses.

The Chairman of the Iran-Africa Business Club, Abdollah Hosseini, also called for knowing the economic infrastructure of Senegal to get acquainted with the capacities of the African country and improve cooperation in the future.

The Head of the Trade Unions of Senegal Republic expressed hope in a video conference that broadening mutual relations would help achieve joint objectives.

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