New markets available to Iran after Raeisi’s visit to Africa
Iranian President Ebrahim Raeisi’s recent three-leg tour of Africa has provided new economic opportunities for Iranian business people, a spokesman said.
In comments at a press conference on Tuesday, the Iranian administration’s economic spokesman said new markets have become available to Iranian business people after the president’s recent tour of Africa. Raeisi visited Kenya, Uganda and Zimbabwe last week, Tasnim reported.
Ehsan Khandouzi further described Africa as the land of new opportunities, saying the Iranian administration strives to turn these opportunities into practical capacities and make up for the shortcomings of its predecessors, who had neglected such lucrative markets for 11 years.
Putting the value of the African market at over $1.2 billion, the spokesman said the share of Iran’s trade with the Africans at the end of the previous administration stood at only $600 million, while the administration of President Raeisi has increased that number to $1.2 billion.
Speaking to reporters upon return from his African tour on Friday, Raeisi stressed the need to promote ties with African nations, describing the continent as the land of opportunity, the potential of which should not be overlooked.
He said his three-nation tour of Africa was aimed at strengthening economic and trade relations with those countries and entering new markets with technology-based products made by Iranian experts.