15 May 2019 - 12:48

Proposal for Creation of Monetary Channel between Tehran-Prague

The Vice President of the Tehran Chamber of Commerce proposes the formation of a joint committee to examine the creation of a monetary channel between Iran and Czech Republic.
News ID : 99992
 ایران و چک

According to IBENA from Public Relations of Tehran Chamber of Commerce, The vice president and a number of members of the Tehran Chamber of Commerce met with the Czech Commercial Board to propose the formation of a joint committee to examine the creation of a monetary channel between the two countries.

the members of the Czech Commercial Board headed by the Deputy Minister of Industry and Trade of the Czech Republic, together with representatives of the State Departments of the two countries and the Czech-Iran Common Chamber of Commerce in Tehran, visited the Private sector representatives in the Tehran Chamber and discussed the latest developments in the economic relations between the two countries.

Sayyed Mohammad Atabak, vice chairman of the Tehran Chamber of commerce, also explained the Iranian economy and market, said one of the capacities of cooperation between the two countries is in the metal and mineral industries and added: Despite the long-standing cooperation of the two countries, especially in the industrial and mining sectors, the level of relations requires the restoration of banking relationships and a safe path for money transfers.

He announced the readiness of the Tehran Chamber to identify and introduce companies working with the Czech Republic and help improve the trade relations between the two countries.

Also, Feryal Mostofi, a member of the Board of Directors and head of the Investment Advisory Services Center of Tehran Chamber, provided explanations about the non-implementation of INSTEX after several months of signing, and called for a special committee to be established between the two countries to examine ways to revitalize banking relations between the two sides.

Mohammad Reza Bahraman, a member of the Board of Directors and the head of Iran Mine House, pointed to the high capacity of mines and minerals in Iran, said one of the areas of development of economic cooperation between the two countries is the mineral industry.

Another member of the Board of Tehran Chamber of Commerce, Ali Naghib, representing the private sector in the meeting, also added that the two countries markets are complements, and noted that the two countries' private sector can play a major role in bilateral economic and trade cooperation.

The Czech Ambassador to Tehran, Stepanek Cumba, at the meeting, expressed the interest and willingness of Czech companies to work with Iran, and stated: "The Czech Commercial Board has been in Iran for a few days and continue its talks with large, small and average companies, as well as some government sectors in Iran.

Yan Cavan, the head of the Czech-Iran Common Chamber of Commerce, also pointed out that the mission of the Czech Commercial Board travel to Tehran is to expand its economic relations with Iran, noted that in addition to the development of interconnections in the industrial and mineral areas, there are many opportunities for this cooperation in the tourism sector.




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