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UAE is a reliable trade partner: Iranian foreign minister

Iranian Foreign Minister Hossein Amir-Abdollahian. (AFP)
  • The Iranian foreign minister made the remarks during a meeting with Khalifa Shaheen Al Marar, Minister of State of the UAE
  • Abdollahian said that ties between the two countries are strengthening at both the government and private sector levels

Tehran, Iran— Terming the UAE as a reliable trade partner, Iran’s Foreign Minister Hossein Amir Abdollahian said bilateral between the two countries are developing in both government and private sectors.

He made the remarks during a meeting with Khalifa Shaheen Al Marar, Minister of State of the UAE on Tuesday afternoon. The Iranian foreign minister pointed to the Islamic Republic’s policy in developing relations with neighbors and described the UAE as a trustworthy business partner.

The foreign minister of Iran added that relations between the two countries are developing at both the government and private sector levels.

He considered the expansion of bilateral cooperation to be in the interest of the two countries and the region.

Khalifa Shaheen Al Marar, for his part, emphasized the resolve of the UAE to develop relations with the Islamic Republic of Iran.

Early this month, Abdullah Mohammed Al Mazrouei, Chairman of the Federation of UAE Chambers of Commerce and Industry and President of the Abu Dhabi Chamber of Commerce and Industry, said the UAE-Iran economic relations have experienced a significant development and continued growth in various fields.

The economic cooperation in these sectors has contributed to increasing joint trade and investment exchange, he said during the UAE-Iran Business Council’s inaugural meeting in the Iranian capital Tehran on the sidelines of the Iran Expo, which ran from May 7 to 10.

The UAE side was chaired by Mazrouei, while the Iranian side was chaired by Dr Mahdi Safari, Deputy Foreign Minister for Economic Diplomacy. A number of senior businesspeople from both sides attended the event.

Al Mazrouei, on his part, commended efforts by the organizing committees of both sides in establishing and activating the Council, which will greatly contribute to strengthening cooperation between both countries’ business sectors.

He said that the establishment of the UAE-Iran Business Council comes at a time when bilateral relations are witnessing economic growth and provides notable opportunities for the private and public sectors in both countries to enhance flourishing trade, investment and economic ties.