Iran, Indonesia sign memo on economic co-op
Iran and Jakarta signed memorandum of understanding on trade and
economic cooperation in Tehran on May 29.
Iranian Deputy Industry, Mine, and Trade Minister Hamid Safdel and
Deputy Foreign Minister of Indonesia Yuri Octavian Thamrin signed
the MoU, IRIB news agency reported.
The MoU aims at boosting trade between the two countries.
By signing a preferential trade agreement the two countries can
further boost their bilateral trade, Safdel said.
Tehran and Jakarta's bilateral trade value was around one billion
US dollars in the past few years, IRIB reported.
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