Iranian Deputy Commerce Minister and Head of Trade Promotion Organization, Babak Afghahi during his visit to Kuwait on Tuesday said that the two countries should take advantage of all economic and commercial capacities to boost bilateral trade.
"Iran is ready to raise its goods and services exports to Kuwait," Afghahi said while visiting Kuwait's Jomeiah Cooperative Chain Store. Heading a delegation, Afghahi left for Kuwait to attend the 9th meeting of Iran-Kuwait Joint Commercial Committee planned for March 8-10.
He said that during his meetings with Kuwaiti officials the two sides agreed on expansion of ties in various fields including foodstuffs, agriculture, nanotechnology, medicine, free trade, technical and engineering services, energy, etc.
Referring to the $300 million annual trade between Iran and Kuwait, he said that the figure should rise in the near future.
He also announced readiness to export nuclear technology to the Arab country.
Iran will start gas exports to Bahrain and Oman in the near future, an Iranian oil official said.
Tehran feels confident that negotiations with Bahrain and Oman have developed to the point that Iran can start gas exports soon, Hojatollah Ghanimifard said.
"Considering the results of the meetings and negotiations with Bahraini and Omani officials, I believe that in case the demanding sides announce the final and definite views, Iran will be ready to export gas to the two aforementioned countries," he added.
Oman is in need of natural gas and liquefied natural gas to feed its energy-hungry industries. Natural gas from Iran is slated for delivery to markets in Oman through a 124-mile pipeline along the floor of the Persian Gulf planned for 2012.