Head of Iran’s Trade Promotion Organization Babak Afghahi says Iranian goods will be sold with creditable trademarks in Kuwait’s market.
“The Kuwaiti Union of Consumer Co-operative Societies is committed to sell Iranian goods with creditable trademarks in Kuwait’s market,” IRIB quoted Afqahi as saying on Wednesday.
The Iranian official made the remark after he signed a trade and economic a Memorandum of Understanding (MoU) with the Kuwaiti Deputy Commerce Minister Rashid Al-Sayed Yousef Al-Tabatabaei on the same day.
“The Kuwaiti government is due to review the agreements to prevent extra tax [on imported Iranian goods] and encourage mutual support for the investment and put them (agreements) into practice,” Afqahi added.
According to Afqahi, the MoU was inked after the 9th meeting of the Iran-Kuwait joint economic committee.
“The MoU includes the development of customs cooperation, trade delegations, trade fairs and economic conferences,” he concluded.