Economy, Domestic Economy

Tehran, Tunis Stress Need to Tap Trade Ties

Tehran, Tunis Stress Need to Tap Trade TiesTehran, Tunis Stress Need to Tap Trade Ties

Bilateral trade with Tunis stands at about $40 million per year, Iran’s Minister of Industries, Mining and Trade Mohammad Reza Nematzadeh said. Nematzadeh was speaking in a meeting with his Tunisian counterpart, Mongi Marzouk, in Tehran on Saturday.  Stressing the need for the two countries to increase the figure, the ministers surveyed ways of expanding industrial, mining and energy cooperation. “Iran is ready to inaugurate a tractor production line in Tunisia. We are also prepared to cooperate in the production of electric equipment, transformers, high voltage cables and all control systems,” he said. Nematzadeh noted that Iran is willing to meet part of its demand for minerals, phosphate in particular, through Tunisia, Mehr News Agency reported. Marzouk said his country is ready to expand cooperation with Iran in the fields of mining and energy. “We are counting on Iran’s assistance in the optimization of Tunisia’s electricity network. We want to have new energy systems such as wind and solar powers, and Iran can help us provide such systems,” he said.