6/11/2017 12:00:00 AM - 8:56 Code: 470 Print

Malaysia Opens Trade Office in Iran

Malaysia Opens Trade Office in Iran
Malaysian Minister of International Trade and Industry Mustapa Mohamed announced that his country has opened a trade bureau in Tehran.

Fars News Agency

"The trade bureau will deal with exports of palm oil to Iran," Mohamed said.

The Malaysian minister said that agreements had been reached to form six working groups between the two countries, adding, "Trade and industry, banking and finance, energy and environment ICT, transportation, tourism and health working groups will be formed in order to finalize the document of the Joint Commission."

Mohamed's remarks came after his recent meeting with Iranian Communications and Information Technology Minister Mahmoud Vaezi in Tehran.

In relevant remarks in early February, Malaysian Minister in the Prime Minister's Department Nancy Shukri voiced her country's willingness to expand relations with Iran in all areas.

"The two countries enjoy vast potential for expanding mutual cooperation," Shukri said.

She reiterated that the exchange of delegations between Malaysia and Iran is an indication of the two countries’ commitment to strengthen ties.

Shukri pointed to the recent exchange of visits by the Malaysian and Iranian officials, "Such visits are considered a positive step for the further development of bilateral relations."

She said that Kuala Lumpur and Tehran have always enjoyed amicable relations, and said that trade relations between the two countries should be improved.