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Iran is planning to boost the volume of trade exchanges with Bahrain to top US$5 billion annually. "We are keen to remove all obstacles impeding Bahraini businessmen in their relations with Iran," Iranian First Deputy President's assistant Dr Ali Agha Mohammadi said.
He was speaking as he paid a visit to Beit Al Tejjar, the headquarters of Bahrain Chamber of Commerce and Industry (BCCI). He also stressed his country's keen interest to promote bilateral talks with Bahrain. BCCI treasurer Othman Sharif also stressed the keenness of the private sector to promote co-operation.
"The current volume of trade exchanges remains below our ambitions and the extent of opportunities and potential available in both countries", he said during his talks with the Iranian delegation," he added.
The two sides hailed the establishment of a technical committee to promote co-operation and boost the volume of trade exchanges.
The panel includes from the Bahraini side Industry and Commerce and Industry and Commerce under-secretaries Dr Abdulla Mansoor Osama Al Arrayedh, Health Ministry assistant undersecretary for hospital affairs Dr Amin Al Saati and the Bahrain Exhibition and Convention Authority chief executive.
Talks also focused on various aspects of economic co-operation, particularly imports of Iranian natural gas to Bahrain.