Exhibition of Cooperatives Underway

The Exhibition of Cooperatives opened at Tehran’s Olympic Hotel on Monday in the presence of deputy minister of cooperatives, labor and social welfare, Hamid Kalantari.
Some 80 Iranian cooperative firms are showcasing their products and services in the three-day event, IRNA reported.
The share of cooperatives sector in Iran’s gross domestic product stands at around 6%.
Kalantari said 74 trillion rials ($755 million) were paid in loans to cooperatives last year to support their activities.