Australia to Reopen Iran Trade Office
Economy, Domestic Economy

Australia to Reopen Iran Trade Office

Australian resources and agricultural businesses will get more access into Iran after the government said it plans to reopen a trade office there later this year following meetings with Iranian Foreign Minister Mohammad Javad Zarif in Canberra on Tuesday.
The trade office, which closed in 2010, will be based inside the Australian Embassy in Tehran and help boost export and investment opportunities, Australia’s leading business and finance newspaper The Australian Financial Review reported.
“Austrade will provide support to Australian businesses immediately from its office in Dubai and will establish a permanent presence within the Australian Embassy in Tehran from the second half of 2016,” a spokesman for Trade Minister Steven Ciobo said. The Australian Trade Commission, or Austrade, is the Australian government’s trade, investment and education promotion agency. It is a statutory agency within the foreign affairs and trade portfolio, with offices in overseas embassies and consulates, and representative arrangements in other locations. Ciobo said trade was about $350 million a year under sanctions and would only rise after the January nuclear deal.
“The recent lifting of sanctions has created opportunities for Australian business in areas we excel: mining equipment, technology and services sectors and the supply of our agricultural commodities such as barley and wheat,” Ciobo said. “Austrade has also identified opportunities for commercial cooperation in the health and medical and education and skills training sectors.” Austrade officials visited Iran in November after a visit by Foreign Minister Julie Bishop, earlier last year.

Short URL : http://goo.gl/o9sdBh
  1. http://goo.gl/vn95IM
  • http://goo.gl/wnQMzT
  • http://goo.gl/u8yTmm
  • http://goo.gl/FQNWEU
  • http://goo.gl/Rd5JGJ

You can also read ...

Iran has specified the amount of prescription medicines...
Tehran Market: Euro and USD Keep Climbing
Foreign exchange rates were again defiant and continued to...
Iran, Iraq Private Sector Officials Meet in Tehran
The chambers of commerce of Iran and Iraq surveyed ways of...
Finnish IT Company Renews Iran Contracts
A Finnish provider of telecom information technology solutions...
Iran, UK Renew Trade Commitments
High-level trade representatives of Iran and the UK met on...
Iran Bans Tomato Exports Until Further Notice
The Ministry of Industries, Mining and Trade has banned the...
TEDPIX Crosses 170,000 Threshold
Major Iranian stock indexes vaulted to fresh records on...
Iran: SCI Reports Consumer Price Changes in Goods, Services Groups
The consumer price index of all 12 groups of goods and...