Iranian firms seek new markets at Eurasia Expo

By Mahdieh Qazvinian
Staff writer

The second edition of the Eurasia Expo which is underway in Tehran, December 4-7, is an opportunity for Iranian firms to showcase their potentials including techno-engineering services and products for being exported to a 180-million market.
Specialized seminars and conferences in the fields of transport, banking and monetary issues, trade, scientific, tourism and new technology-based sectors are scheduled to be held on the sidelines of the exhibition.
The Eurasian Economic Union (EAEU), which is comprised of Belarus, Kazakhstan, Russia, Kyrgyzstan and Armenia is one of the most important groupings in Iran’s region, which has common cultural, political and geopolitical points with Iran and is of special importance for the country.
The first edition of Eurasia Expo was held in Tehran in July 2021, with the participation of high-ranking officials of EAEU’s member states.
Talking to Iran Daily, Mohsen Mohaqeqian, a consultant to the CEO of the Isfahan Kafriz Company, said his company exports tram wheels to Russia, which are produced using a modern technology.
“Russia is one of the main producers of tram wheels and axles in the world, but our company has succeeded in providing a special attraction for Russian clients by manufacturing high-quality and relatively cheap products,” he said.
Iran can take more benefits from extending trade ties with EAEU member states due to its capabilities in all fields, Mohaqeqian concluded.
The Esfarayen Industrial Complex, which is showcasing its products at the exposition, is the largest producer of alloy steel parts in Iran, said Mehdi Eslami, the director of foreign trade of the company in an interview with Iran Daily.
“The company exports its products to India, Turkey, Germany and Italy, as well as Eastern European countries through our Russian and Turkish trade partners,” he noted, adding that we export approximately 8,000-10,000 tons of steel to Russia annually.
We are making efforts to expand our market in Russia, as the value of our exports to Russia is about 10 million euros per annum, Eslami noted.
He proposed the development of banking cooperation between Iran and EAEU states to lift export barriers.
Eslami said the Eurasia Expo of Tehran helps countries to come to know each other’s culture of trade.
Also talking to Iran Daily, the engineering director of Iran Kontor Sazi Company said that his firm had attended the 2nd Eurasia Expo for getting new markets in EAEU states.
The company is the first and biggest manufacturer of electricity meters in the Middle East region, Masoud Qane’ explained.

 

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