World Business and Economic Analysis
World Business and Economic Analysis
Iranian Foreign Minister Mohammad Javad Zarif and his Polish counterpart Witold Waszczykowski signed a memorandum of understanding (MoU) to boost political consultations between the two countries.
The MoU was signed shortly after the Zarif’s arrival in Warsaw on Sunday.
The document will facilitate and regulate cooperation between the two countries in politics and other fields including, economy and culture.
Speaking to reporters upon his arrival in Warsaw, the Iranian foreign minister said expanding cooperation between the two countries' private sectors is the main goal of his tour.
“Our most important agenda is supporting the private sector and the private sector is the economic engine of the country,” Zarif said.
Zarif, heading a politico-economic delegation left Tehran for Europe. Warsaw, capital of Poland, is the first destination of Zarif's four-nation tour to northern Europe.
A large group of economic and trade activists are accompanying Zarif in his visits to Poland, Finland, Sweden and Latvia.
Polish Foreign Minister Radoslaw Sikorski visited Iran on February 28, 2016 simultaneously with the 540th anniversary of establishment diplomatic relations between Iran and Poland.
Political ties between Iran and Poland date back to one thousand years ago and discovered Iranian coins belong to Samanid dynasty (874-1004 A.D.), but, the first written document of official contacts date back to 1474 between King of Iran 'Uzun Hassan Aq-Qoyunlu (1423-1478) and King of Poland 'Yagolini'.
Poland has membership to the UN, WTO, OSCE, OECD, IMF, IBRD, EIB, EBRD, EFTA, CEFTA and NATO.
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Lithuanian Foreign Minister Linas Linkevicius in a meeting with Minister of Communications and Information Technology Mahmoud Vaezi on said that Lithuania is interested in cooperation with Iran on telecommunications.
In the meeting, Vaezi said that Iran is ready to have reciprocal cooperation with Lithuania in different sections of telecommunications, information technology, software, electronic government, post, e-commerce and telecom networks.
He called for seeting up Joint Commission of the Communications by the respective ministries of Iran and Lithuania to follow up procedures for partnership.
Vaezi said that he was pleased with Lithuania taking the 16th rank in the sector of telecommunications and information technology and that Lithuania has achieved noticeable progress in the field.
Lithuania is a member of European Union.
Linas Linkevicius met with President Hassan Rouhani and Foreign Minister Mohammad Javad Zarif .
Lithuania located northeast of Europe and is neighboring Latvia from north, Belarus from east and southeast, Poland from south and Russia from southwest and to the Baltic Sea from west.
Lithuania exports mineral products, mechanical, electrical and chemical equipment, textile, food products, wood and furniture industries.
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Based on report ,Iran’s non-oil foreign trade in the first two months of the current Iranian calendar year of 1395 (March 20- May 20, 2016) reached $12.4 billion according to the latest report of Iran Customs Administration.
According to the International statisticts indicated that Imports, including field corn, soybean, rice, and some specific auto parts stood at $5.49 billion, down 13.54 percent compared with last year’s similar period. Imported goods mainly originated from China, the United Arab emirates (UAE), Russia, South Korea, Turkey, Germany, and India.
Exports, which chiefly comprised gas condensate, petroleum gases and liquefied hydrocarbon gases, liquefied propane, and bitumen, reached $6.85 billion, indicating a 14.68 percent drop compared with the corresponding period of last year. China, Iraq, the UAE, South Korea, and India were the main export destinations.
According to Iran’s Customs Administration, in the past Iranian calendar year, which ended on March 19, 2016, the value of the country’s non-oil trade reached over $83 billion.
In the past year, the Tasnim news agency reported, Iran exported $42.415 billion worth of goods while its imports reached $41.499 billion, showing a 16.11 percent decrease in the value of exports and a 22.53 percent decline in the value of imports when compared to its previous year.
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