The head of the Iran-Brazil Joint Chamber of Commerce has said that the value of Brazil's exports to Iran is between 6 billion and 8 billion dollars, and the value of Iran's non-oil exports to this country is about 1.5 billion dollars.
The Chairman of the Iran-Brazil Joint Chamber of Commerce has announced the value of Brazil's exports to Iran, saying that it is about $8 billion.
The Chairman of the Iran-Brazil Joint Chamber of Commerce has said that Iran made promises in the past to increase the volume of its exports to Brazil to more than 1 billion dollars, adding that “we anticipate this to happen soon.”
Head of Iran-Brazil Joint Chamber of Commerce Seyed Fakhreddin Amerian says two Brazilian banks accept the forex of Iranian goods via intermediary banks but the chamber is after setting up a fund in Brazil for the channeling of the forex resulted from exports and imports.
Iran annually imports $5 billion worth of essential goods from Brazil with a customs duty of up to 4% while the Islamic Republic’s exports to the South American country is less than $100 million per year, says the head of Iran-Brazil Chamber of Commerce.
The Iran-Brazil Chamber of Commerce was inaugurated in São Paulo, Brazil, in the presence of a group of Iran's parliament members, the Chairman of the Parliamentary Commission on Agriculture, and the deputy of the agriculture minister, and about 200 Iranian and Brazilian businessmen.
The results of the long term studies, as well as thematic analysis, prove that the contract farming aid farmers to reduce the risks due to the price fluctuations and guarantees the crop sale. Notwithstanding, it could bring negative consequences including unpredictable risks such as deformation of the agricultural normal structure due to increasing the consumers' purchasing power.
Secretary of Iran-Brazil Chamber of Commerce Farhad Taherian said to ILNA news agency that two countries are seeking to establish bartering systems.
Brazil’s newly inaugurated President Jair Bolsonaro said on Tuesday his election had freed the country from “socialism and political correctness,” and he vowed to tackle corruption, crime and economic mismanagement in Latin America’s largest nation.
Brazil’s far-right candidate Jair Bolsonaro has increased his lead over leftist Fernando Haddad on the eve of Sunday’s divisive presidential election, but they are deadlocked in a likely run-off vote on Oct. 28, two polls showed on Saturday.
