Iran Opens First Trade Office in Belarus

TEHRAN (FNA)- An Iranian provincial economic official announced on Wednesday that the country has opened its first trade office in Belarus as part of a broader plan to boost economic ties with the country.

"In a bid to further pave the ground for exporting goods from the province, the Islamic Iran's first trade office has been opened in Belarus with the West Azarbaijan province playing the central role in the office," Head of West Azarbaijan's Commerce Organization Jaffar Sadeq Eskandari said today.

"With the inauguration of the office we will witness growth and expansion in exports of goods from the province," he noted.

The official also added that exports from the province have witnessed a 34% increase during the first 7 months of the current Iranian year (started on March 21, 2010).

In October, Iranian First Vice-President Mohammad Reza Rahimi, in a meeting with visiting Belarusian Industry Minister Alexander Radevich, praised the close ties between the two countries, and stressed Tehran's support for the further expansion of bilateral relations.

"Relations between Iran and Belarus are excellent and unique, and by setting high goals, the two countries can exert further leverage in international affairs," Rahimi stated at the time.

The Iranian official further said that Iran and Belarus have signed good deals which if are put into force, remarkable progress will be made in bilateral relations and cooperation.

In 2009, Iran and Belarus founded a joint company called Belpars Corporation in a bid to develop Jofeir oilfield.

The new corporation is founded by PetroIran and Belarus Oil companies to implement the project under a buy-back agreement.

The oilfield reserves are estimated at 2.1 billion barrels, 95 percent of which is heavy oil and the remaining 5 percent is light oil.


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