Monday, April 18, 2005

Iran News - Arab states good market for food: Iran's offiacial

Iran News - Arab states good market for food: Iran's offiacial: "Arab states good market for food: Iran's offiacial

Monday, April 18, 2005 - ©2005 IranMania.com

LONDON, April 18 (IranMania) - Similarities in the exports of Iran and Persian Gulf littoral states coupled with the tendency of Arab states to import luxury goods from developed nations have influenced trade transactions between Iran and these countries.

Expressing this view, Jamshid Edalatian, deputy chairman of Tehran Chamber of Commerce, Industries and Mines, told ISNA that excessive wealth in Arab countries have made them more inclined to purchasing expensive and modern European merchandises saying they only import foodstuff from Iran.

Referring to the competitiveness of Iranian carpet and agricultural produce in Arab states, Edalatian called for opening up Arab markets to Iranian foodstuff.

He said that by establishing the Persian Gulf Cooperation Council, Arab countries are trying to boost trade ties among members; however, Iran is keen on broadening its relations with Persian Gulf states.

Pointing to the successful cooperation between European countries, he said that Germany exports more than 70% of its products to Europe, 50% of which is exported to France alone.

He further said that most of the Third World countries are producers of raw materials and importers of consumer goods and machineries; therefore, their production structure brings about subtle trade relations with other countries.

Like its southern neighbors, Iran produces and exports oil, gas and petrochemicals and such a situation is considered an ailment, he said.

He said Kuwait and Oman provide good grounds for expansion of ties while Iraq can be a good market for Iranian goods, adding that if Iran, Iraq, Syria, Lebanon and Jordan form a grouping along the lines of the Persian Gulf Cooperation Council, they would become a powerful economical alliance which could cover the Middle East."

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