Economy, Domestic Economy

TCCIMA Delegation to Visit Taiwan

TCCIMA Delegation to Visit TaiwanTCCIMA Delegation to Visit Taiwan

A delegation of the Tehran Chamber of Commerce, Industries, Mines and Agriculture will visit Taiwan later this month to explore trade opportunities with Taiwanese companies, the Taiwan External Trade Development Council (TAITRA) said on Monday.

The delegation, to be led by TCCIMA Chairman Masoud Khansari, will comprise 62 members of the Iranian business organization and other business players.

TAITRA, a semi-official organization devoted to promotion of Taiwan’s foreign trade, noted that the group will also attend the Iran Business Opportunity Day event on September 27 in Taipei, Taiwan’s Central News Agency reported on its English-language service Focus Taiwan.

But before that, five TCCIMA directors and supervisors are scheduled to attend a forum in Taipei on September 26 at which they will introduce Iran’s market to Taiwanese businesses, including Iran’s electricity, electronics, automobile parts, food and medical care sectors.

On September 27, TAITRA President Peter Huang will sign a memorandum of cooperation with Khansari to deepen the TAITRA-TCCIMA alliance. The same day, representatives of over 280 Taiwanese enterprises will join the Iran Business Opportunity Day event, talking with 40 buyers from Iran one-on-one about their products and possible joint ventures.

Iranian businessmen have said they want to place orders for information and communications technology products, machinery and auto parts and components in Taiwan, TAITRA said.

TCCIMA, established in 1884, is one of the oldest and influential civil organizations in Iran with a membership of 15,000 people.

With abundant natural resources, including crude oil and natural gas, Iran is one of the world’s leading energy suppliers, according to TAITRA.

The Middle Eastern nation has become a popular market among global businesses this year after sanctions on its economy were lifted following the signing of a nuclear deal with six countries, including the United States, in 2015.