| Although
there is very old relationship between Iran and Britain, but the Iran
Foreign Trade Balance in regard with the UK is still negative.
In recent years the ratio of the export to the UK on direct import from
that country has been around 20 percent. If we take into account the indirect
export of Britain to Iran which is done through U.A.E, we will consider
that the amount of export to Britain has never reached to 5 percent of
the import value from that country.
Some of British and Iranian Businessmen who are not aware of existing
different facilities and potentialities for improving the Balance of Trade
of the two countries, bring up this questions:
What kind of goods and services Iran is equipped with, in order to export
to the challenging industrial world market, except traditional goods,
such as hand woven carpet, dried fruits and mineral raw material.
Without referring to the actual and potential facilities which may form
the counter trade relationship, it is suffice only, in respond to the
above question, to mention the need of Britain for the agricultural products
and even agricultural industries which Iran has the proper abilities to
provide them, regarding the fact that the horticultural products in Iran
have exceeded 60 million tons in last year and it is excepted to grow
up in the near future.
Therefore two countries may move towards making adjustment on the balance
of trade and join to the market and provide new jobs, which are strongly
needed in Iran’s economy, in order to establish a very strong base
of economic relationship between the two countries which will be followed
up by friendship, peace and security in the region.
Bring this into reality, requires inducing investors, management and marketing
of the trade and investment authorities of the UK, to corporate and improve
the development pattern.
Dr. Amir Houshang Amini

Copyright
© 2003 Irano-British Chamber of Commerce, Industries and Mines. All
rights reserved.
Revised: 15 June, 2004. |