Belarus calls for greater industrial cooperation with Iran

Mehr News Agency reported that the newly appointed Belarusian industrial minister called for the expansion of Tehran Minsk industrial cooperation.

Mr Radovic minister of Belarusian and Mr Seyyed Abdullah Hosseini Iranian envoy in a meeting in Minsk reviewed the status quo of technical and engineering projects underway by Iranian firms in Belarus, dispatching commercial delegations and holding exclusive Iranian exhibitions in Belarus. The ambassador also invited the Belarusian official to take part in the second joint commission of industry and mines which is planned to be held in Tehran.

Important industrial projects between the 2 countries include oil extraction from Jofeir field, implementation of the Phase II of Samand car production, launching a wire producing factory through Iranian private sector investment and establishing a cement factory and a truck manufacturing plant.

In May 2007, the 2 countries signed cooperation accords following a meeting of Mr Alexander Lukashenko president of Belarus and Mr Mahmoud Ahmadinejad president of Iran. They signed a joint communique on the results of the visit to Belarus by Mr Ahmadinejad. Mr Lukashenko said that Belarus and Iran have removed all the impediments to the bilateral trade.

In 2008, Belarus and Iran trade made USD 93.8 million with Belarus' export as high as USD 83.7 million imports USD 10.2 million. The foreign trade surplus totaled USD 73.5 million. Belarus' main exports are potash fertilizers, synthetic fibers and synthetic fiber cords while the main imports are cars, grape, spare parts for automobiles and tractors.



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