Iran, Finland Trade can Increase Tenfold

Finland’s Minister for Foreign Trade and Development Kai Mykkanen said the volume of his country’s trade with Iran could easily grow ten times.

“We have huge potential for increasing our trade with Iran,” Mykkanen, who is in Tehran as part of a delegation led by Finnish President Sauli Vainamo Niinisto, told the Tasnim News Agency.

“(The volume of trade between Iran and Finland) can easily grow tenfold,” he said, adding that the European country’s exports to the Islamic Republic can reach 500 million euros.

Mykkanen further noted that the two countries on Wednesday signed four memoranda of understanding (MoUs) in the fields of energy, communications, finance and investment.

As for existing problems in the way of transfer of money, he predicted that with practical measures needed to be taken by both Tehran and Helsinki, those issues would be resolved in a few months.

The Finnish president arrived in Tehran on Tuesday and held talks with senior Iranian officials, including Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei and President Hassan Rouhani, on Wednesday.

(Source: Tasnim, under Creative Commons licence)

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