Iran, Belgium ink MoU to boost trade cooperation

Tehran and Brussels signed a memorandum of understanding (MoU) to broaden their bilateral ties in economic and trade fields.

The MoU was signed between Head of Iran's Trade Promotion Organization Mojtaba Khosrotaj and visiting Belgian trade delegation in Tehran on Sunday.

"The volume of trade exchanges between Iran and Belgium nearly hit $200 million which we hope it would grow due to Belgium's high potentials," Khosrotaj said.

He said that the MoU aims to broaden scientific, technological and infrastructural cooperation between Iranian and Belgian firms.

The MoU has made a framework on developing investment and trade cooperation between the two countries.

The visiting Belgian economic-trade delegation comprises 200 representatives of 140 firms; the first economic mission of Belgium in Iran in post-JCPOA era.

EA