TEHRAN: The Iran and Brazil Joint Chamber of Commerce will open an office in Tehran in the first month of the next Iranian calendar year (March 21-April 20).
The chamber of commerce’s office in Brasilia is already active with 170 members, according to Iran-Brazil Joint Chamber of Commerce Chairman Seyed Fakhreddin Amerian.
Annual trade between Iran and Brazil is currently about $2 billion.
Iran exports mainly saffron, raisin, pistachio, hand-woven, machine-woven carpets, and industrial materials to Brazil, while imports corn, soybean, sugar, meat, press cake, and industrial machinery from the European country.
In June 2014, Trade Promotion Organization of Iran Director Valiollah Afkhami-Rad said Iran’s annual non-oil exports were projected to rise by 50 percent and hit $47 billion in the current Iranian calendar year (which began on March 21, 2014).
Iran’s non-oil exports witnessed nearly half-a-percent growth while the country’s non-oil imports dropped around five percent in the previous Iranian calendar year.
