An official at the Trade Promotion Organization of Iran said that implementation of a Free Trade Agreement between Iran and Syria would beef up the mutual trade to a great extent.
Iran is planning to sign free trade agreements with Syria, Venezuela, Pakistan, and one Eastern European country. He also said that Iran is seeking preferential trade agreements with Indonesia and some East Asian countries.
A procedural session was held at the headquarters of the Permanent Court of Arbitration in The Hague within the framework of the interstate arbitration initiated by Azerbaijan against Armenia based on the Energy Charter Treaty.
Iran and Oman are determined to increase the volume of trade relations and have started negotiations to sign a preferential trade agreement in the near future.