Nigeria To Forge Trade Ties With Iran

The Nigerian Export Promotion Council, NEPC, and Iran have agreed to forge stronger trade relationship to bolster bilateral ties between both countries.

This was disclosed recently by the Executive Director/Chief Executive Officer of NEPC, Olusegun Awolowo while receiving the new Iranian Ambassador to Nigeria, Morteza Rahimi Zarchi in his office in Abuja, The Guardian reports.

Awolowo acknowledged the cordial relationship that existed between the Council and his predecessor HE Saeed Koozechi adding that it was on this premise that he urged Zarchi to assist in attracting Iranian investors to help industrialise Nigeria through ownership of plantations in areas like rice and cocoa.

He stated that such investments will help to scale up production, improve quality and increase exportation of Nigeria goods particularly in areas such as real estate, petrochemical, automobile and transportation where Iran has high degree of expertise.

Ambassador Zarchi who confirmed his visit as the first since assumption of office expressed that Iranain Mission attaches importance to Nigeria and hopes to attract significant development to the country and draw symbiotic benefits to both nations.

According to him, Iranian Commercial Minister and Deputy High Commissioner will be in Nigeria in August to discuss and plan the visit of a 34-man business delegation in Nigeria”.

He solicited NEPC’s support in mobilizing relevant MDAs, manufacturing companies and the Organized Private Sector to participate in activities of the Inward Trade Mission.