Iran, Tanzania ink agreement on economic cooperation

Iranian and Tanzanian officials endorsed a Memorandum of Understanding (MoU) on economic cooperation in the fields of fishery, cement production and processing industry.

The MoU was signed on Saturday evening between head of commerce organization of Sistan and Baluchestan province in Iran and deputy minister for fishery and animal husbandry of Tanzania.

During the signing ceremony, the provincial official Iraj Hassanpour said that the MoU is related to dispatching and receiving trade delegations, joint economic cooperation in the field of fishery, cement production, and processing industry, especially in the field of meat production.

Head of Zahedan Chamber of Commerce Abdul Hakim Rigi, who attended the ceremony, said that the presence of Iranian expatriates in Tanzania since many years ago is a privilege for creating more relations with the country.

He added that Tanzania has had a 6% economic growth and one of Iran’s foreign economic priorities is interaction with African countries.

The Tanzanian deputy minister presented information about his country, and said that the main factor of his country’s economic activities is agriculture.

He added that there are a lot of opportunities in Tanzania for investment.