Economy, Domestic Economy
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Emerging Trade Partner

Emerging Trade PartnerEmerging Trade Partner

Georgia is an emerging trade partner for Iran, said head of Iran-Georgia joint Commercial Council, Fatemeh Moghimi, ISNA reported. Iran’s exports to Georgia exceed its imports. Construction materials such as cement, plaster, bitumen and glass are among Iran’s major exports, while imports mainly include agricultural products.   The official also referred to Iranian investments in Georgia’s housing, construction, food and tourism sectors.  She added that Georgia’s port city of Poti could act as a gateway for Iranian products to the Black Sea and eventually the European Union, providing Iran with an alternative route to Europe besides Turkey. Moghimi touched on the problems faced by Iranian traders in obtaining visas, saying “negotiations have been held with the Georgian ambassador to facilitate the visa process.”

Financialtribune.com