A one-day seminar dubbed ‘Malaysia Trade with Iran; Opportunity for Malaysian Commercial Companies’ was held in Kuala Lumpur to introduce Iran’s capacities for investment and trade.
The seminar organized by the Malaysian Federation of Producers was attended by Iran’s ambassador to the country Marzieh Afkham and a number of Malaysian banking and financial officials.
Head of the International Trade Committee of Malaysian Federation of Producers John Lee told the seminar that Iran with a population of 80 million as well as an organized economy is the second biggest economy in the Middle East and North Africa.
Referring to Iran’s capacities for exports and imports, he said that Iran’ economic growth is accelerating following removal of sanctions.
Lee described post sanctions era as a golden period for trade with Iran and said that he would visit Iran to find a commercial partner in the country.
Petrochemicals, oil and gas, healthcare and pharmaceuticals are among the areas with numerous opportunities for investment and cooperation with Iran, he said.
Iran-Malaysia trade in 2015 amounted to 532 million dollars, but they both intend to raise the figure to one billion dollars.