To improve trade ties between Iran and Malta, their respective chambers of commerce should play a more significant role, said Malta’s Foreign Minister George Vella in a meeting with Iranian Minister of Industries, Mining and Trade Mohammad Reza Nematzadeh in Tehran on Sunday evening. He expressed his country’s readiness to cooperate with Iran in tourism, hospitality, pharmaceuticals and electronic trade among other fields. The Iranian minister called for improvement of bilateral economic exchanges and said, “Unlike the cordial political relations, the level of trade interaction between the two countries is not acceptable.” Nematzadeh stated that banking, tourism, nanotechnology, biotechnology and microelectronics have great potential for mutual cooperation, IRNA reported.
