Sharjah 24 – WAM: The UAE-Iran Business Council held its inaugural meeting in the Iranian capital Tehran on the sidelines of the Iran Expo, which runs from 7th to 10th May.
The UAE side was chaired by 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. The Iranian side was chaired by Dr. Mahdi Safari, Deputy Foreign Minister for Economic Diplomacy ,with the participation of a number of senior businesspeople from both sides.
In opening the meeting, Al Mazrouei commended efforts by the organising 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.
Al Mazrouei also stressed that the launch of the UAE-Iran Business Council "embodies the joint keenness of both sides to enhance and elevate economic and trade cooperation between the two countries to new horizons while widening engagement for the Emirati and Iranian business communities."
He explained that UAE-Iran economic relations have experienced significant development and continued growth in various fields, pointing out that economic cooperation in these sectors has contributed to increasing joint trade and investment exchange.
The UAE economic delegation, which includes representatives of various entities, held a series of meetings with officials from diverse Iranian economic institutions and sectors.
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