Iran, South Africa foreign ministers discuss bilateral ties, cooperation

2021-10-12 09:57:47
Iran, South Africa foreign ministers discuss bilateral ties, cooperation

Iran’s Foreign Minister Hossein Amirabdollahian and his South African counterpart have stressed the need to strengthen cooperation in international and regional fields.

The remarks were made during a phone call with South African Foreign Minister Naledi Pandor on Monday.

The top Iranian diplomat emphasized on the formation of investment, energy and health subcommittees, as well as working on areas of mutual interest for cooperation and in order to expand trade and economic relations.

Pandor stressed the importance of developing bilateral relations and South Africa’s interest in this regard.

The two had recently met on the sidelines of the annual session of the United Nations General Assembly in New York.

Iran's trade opportunities and challenges with African nations

Iran plans to make use of government agencies, private sector and international institutions to expand with trade with Africa.

Iran exported $642 million worth of commodities to Africa from 2018 to 2019, and imported goods worth $16 million from Africa in return, according to trade data.

Experts say trade and economic cooperation between Iran and African nations are far less than the capacities and mutual interests of the two sides.

They say the main obstacles for trade between Iran and Africa is the lack of direct sea and air transportation infrastructures, high marketing and transportation costs.

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