Chairman of the Iranian Cooperative Chamber, Bahman Abdullahi, mentioned in a gathering with the UAE envoy in Tehran that cooperatives have a big affect in Iran.
Abdullahi highlighted the excessive capabilities and potential of Iran’s cooperative sector, emphasizing {that a} vital a part of productive actions belongs to the cooperative sector.
He mentioned cooperatives play an vital function within the area of agricultural manufacturing, including that the Iranian Cooperative Chamber is searching for to put the inspiration for the export of cooperative merchandise to the Persian Gulf international locations, particularly the United Arab Emirates (UAE).
He additional added that round 65 per cent of the agricultural produce is produced by the cooperative sector.
In different remarks, Abdullahi added that the cooperative sector additionally has sturdy capabilities in different sectors of the financial system, corresponding to petrochemicals, trade, fishing and tourism.
He additional identified the capabilities of the International Cooperative Alliance (ICA) and the Iranian Cooperative Chamber’s membership in its board of administrators, including that the alliance has greater than 110 member international locations, overlaying the world’s inhabitants of greater than 1.2 billion.
Meanwhile, the UAE’s ambassador to Iran mentioned accessible statistics confirmed that commerce relations between Iran and the UAE have expanded considerably and are on a development trajectory.
Mohammed Al-Zabi famous that greater than 122,000 Iranian businessmen are energetic within the UAE.
He pointed to the sanctions imposed on Iran, saying they had been limiting the strengthening of commerce and financial ties between the 2 international locations.
The two international locations have nice potential and capability to increase relations in all fields, particularly within the area of commerce and financial system, the envoy added.
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