Economy, Business And Markets

Trilateral Deal to Help Nurture SMEs

Trilateral Deal to Help Nurture SMEs
Trilateral Deal to Help Nurture SMEs

Iran Mercantile Exchange, SMEs Investment Guarantee Fund and Iran Small Industries and Industrial Parks Organization have signed a memorandum of understanding to support the growth of small- and medium-sized enterprises in Iran.

The latter two organizations were created to help nurture business and they now want to utilize the commodity exchange’s services for their objective, Mehr News Agency reported.

The agreement was signed by the executives of the three organizations, Hamed Soltaninejad, Mohammad Hossein Moqiseh and Ali Yazdani, respectively on Monday.

The officials did not reveal any specific plans, though they claim the IME can facilitate the sale of products for small companies.

Founded in 2006, IME is a commodities exchange located in Tehran. The exchange trades in agricultural, industrial and petrochemical products in the spot and futures markets. It is mainly a domestic or regional market with the ambition of going international in future.


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