Iran, Brazil Joint Investment Discussed

Iranian and Brazilian businessmen studied ways of promoting bilateral trade during four days of discussions in a conference in Tehran titled “Iran-Brazil: Opportunities for Joint Investment”.

“This conference aimed at surveying the ways for expansion of economic and commercial relations between the two countries,” the Iranian head of the Iran-Brazil Friendship Society Mir-Qassem Mo’meni said in an interview with IRNA.

The head of the Iran-Brazil Friendship Society said the conference tried to identify the huge Brazilian market’s demands for importing Iranian-made goods.

“Brazil is the fifth greatest economy in the world and plays a major and most fundamental role in world trade, and that important point is the reason why some economic and strategic needs of Iran are provided from Brazil,” he added.

“Keeping in mind both countries’ interests and enthusiasm in expansion of economic ties, the Iran-Brazil Friendship Society can today play a pivotal role at this particular point of time,” he added.

The co-sponsors of the conference were Tehran Chamber of Commerce and the Iran-Brazil Friendship Society. “The society aims at establishing the Iran-Brazil Commerce Center in collaboration with the other concerned economic centers,” Mo’meni said.