BELARUS NEWS AND ANALYSIS

DATE:

08/12/2010

Iran's Northern Province Keen to Boost Economic Ties with Belarus

TEHRAN (FNA)- A senior Iranian provincial trade official on Wednesday underlined the high capacity of Belarus for stronger economic ties with Iran.

Head of the Northern province of Mazandaran's Exporters Union Nasir Omranian Mohammadi pointed to President Mahmoud Ahmadinejad's special attention to Tehran's ties with Minsk, and noted, "Surely, Belarus enjoys very good capacities for the expansion of bilateral trade ties."

His remarks came on the verge of the Islamic Republic of Iran's exclusive exhibition which is due to start work on Minsk's permanent fair ground on December 9, 2010.

Omranian Mohammadi, who is also deputy head of Mazandaran's chamber of commerce, industries and mines, added that given the trilateral agreement between Belarus, Russia and Kazakhstan on duty free exports, these three states which together have 175 million population can become major consumers of Mazandaran's industrial and agricultural products.

In November, Iran opened its first trade office in Belarus as part of a broader plan to boost economic ties with the country.

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.

Source:

http://english.farsnews.com/newstext.php?nn=8909171257


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