TEHRAN, IRNA – Iran is pursuing the establishment of a joint committee of commerce with Uruguay to strengthen bilateral trade and investment ties, the president of the Iran Chamber of Commerce, Industries, Mines and Agriculture said on Tuesday.
Samad Hassanzadeh made the remarks during a meeting with Uruguay’s Ambassador to Tehran, Beraldo Nicola, highlighting opportunities for cooperation in engineering services, petrochemical and refinery technologies, and agriculture.
He said Iran had the capacity to export industrial machinery and equipment, including loaders, tractors and combine harvesters, as well as agricultural products, leather, footwear and pharmaceutical goods to Uruguay.
Hassanzadeh also called for reviving previous trade flows, including Iranian imports of Uruguayan rice and meat and exports of urea, ammonia and fertilizers from Iran.
Although bilateral economic relations remain limited, he said the two countries had the potential to expand exchanges by establishing the necessary mechanisms for cooperation.
The Iran Chamber is ready to facilitate contacts between businesspeople from both countries and receive a Uruguayan trade delegation, Hassanzadeh said, adding that implementing an earlier agreement to establish a joint committee of commerce would help advance economic ties.
He also stressed the importance of regular coordination between the Uruguayan embassy in Tehran and the Iran Chamber to facilitate business cooperation across different sectors.
Nicola, for his part, praised Iran’s cultural and historical heritage and expressed hope that the country would overcome its current regional challenges, creating better conditions for expanding bilateral relations.
Stressing that Uruguay’s economy was driven primarily by the private sector, he said the Uruguayan businesspeople were interested in cooperation with their Iranian counterparts.