13 October 2016 - 12:15
  • News ID: 270844
Iran, Singapore Mull Enhanced Trade Ties

TEHRAN, Oct 13 (Shana) -- Governor of the southern province of Hormuzgan said Iran and Singapore can ramp up their trade ties, saying the two countries can boost their ties in the wake of the implementation of the Joint Comprehensive Plan of Action (JCPOA).

Jasim Jadori said the province enjoys massive inshore and offshore potentialities which make investment in its pretty profitable. 
He said the two countries are eager to boost their trade and the province can play a major role in this regard. 
Speaking in a meeting with Singaporean ambassador to Tehran, Jadori added that Iran and Singapore can have favorable trade ties, adding Singaporean investors can finance development projects in the province. 
He also said Hormuzgan is located in the norther-south corridor which makes it a transit hub for shipping goods to Persian Gulf littoral states as well as the Indian Ocean to middle-Asian countries. 
News ID 270844

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