‘Iran to promote e-trade in West Asia’

“Over the past three years, Iran has managed, by procuring the electronic commerce infrastructure, to be a pioneer in this field among the West Asian countries,” said Mohammad Sadeq Mofatteh, the Iranian deputy minister of industry, mine and trade on Tuesday.

He went on to say that electronic business has a history of less than 20 years, but the East Asian countries such as China, Japan, Taiwan and South Korea have had considerable progress in the field during the past decade, unlike the West Asian nations that have not paid enough attention to the issue.

“Now [Tehran] is trying to develop e-commerce, on the basis of exchanging trade documents by electronic means, among ECO [Economic Cooperation Organization] member states in West Asia with Tehran having a central role,” he added.

Pointing to the advantages of e-commerce, including the reduction of transaction costs, the Iranian deputy minister announced that Iran will host the first regional conference on trade facilitation and electronic business which will be attended by the country’s ministers and top officials as well as the field’s international experts on May 21-25 on the Iranian Persian Gulf island of Kish.

MAB/PKH/AZ/IS

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