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Home International Customs Denmark

Denmark seeks to increase economic exchange with Iran

byCT Report
09/01/2016
in Denmark
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COPENHAGEN: Denmark seeks to increase its economic exchange with Iran and looks forward to win-win trade with the Islamic Republic, says Danish Foreign Minister Christian Jensen.

The top Danish diplomat made the comments on Tuesday in Tehran at a gathering on the promotion of trade between the two countries.

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Jensen made reference to the decades-long diplomatic relations between the two sides, noting that Denmark has had a history of cooperation with Iran in different areas, including the construction of a thousand kilometers of railway in Iran to connect the Persian Gulf in the south to the Caspian Sea in the north.

Iranian media reports said Monday that delegates from Danish shipping giants were in Tehran for maritime cooperation and help in areas of oil, gas and petrochemicals.

Meanwhile, Iranian Energy Minister Hamid Chitchian has spoken of an offer by Denmark to develop the renewable energy industry in Iran and build a wind-turbine manufacturing factory in the country.

Chitchian further said the Danish delegation meeting sought to find ways of investing in Iranian water and power industries.

He also spoke of a ‘very good understanding’ between the two sides for cooperation in different sectors of renewable energy.

Denmark exports an annual USD 213 million worth of goods and services to Iran and imports just over 10 million dollars worth of Iranian commodities.

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