Economy, Domestic Economy

Bosnians Invited to Expand Presence in Iranian Market

Bosnians Invited to Expand Presence in Iranian MarketBosnians Invited to Expand Presence in Iranian Market

Deputy Minister of Industries, Mining and Trade Valiollah Afkhamirad visited Bosnia and Herzegovina on Friday and held talks with the country’s top officials and industrialists on possible avenues of expanding economic cooperation.

The official met with the southeastern European country’s Minister of Foreign Trade and Economic Relations Mirko Sarovic and the two sides agreed on organizing a seminar to introduce Bosnia’s economic capabilities on the sidelines of Iran-Bosnia Economic Commission, which is scheduled to be held in Tehran in two months.

The two countries are also hoping to sign an agreement for preferential trade in the joint commission, IRNA reported.

Sarovic said Bosnia and Herzegovina could benefit from Iran’s experience in the areas of agriculture and industries.

Later on Friday, Afkhamirad met with President of Foreign Trade Chamber of Bosnia and Herzegovina Ahmet Egrlic in addition to a group of business-owners and traders in the Iranian Embassy in Sarajevo.

He invited Bosnian companies to have a stronger presence in the Iranian market and to benefit from the opportunities and incentives offered by the Iranian government to foreign investors, particularly in Iran’s free trade zones.

Afkhamirad called on Bosnian authorities to facilitate the process of visa issuance for Iranian traders. He also emphasized the role of trade exhibitions and seminars in introducing both countries’ economic capabilities and invited Bosnian companies to take part in such events in Iran.

Egrlic welcomed the decision to organize a seminar on Bosnia’s economic opportunities in Tehran and said his office would invite large Bosnian manufacturing companies to participate in the program.