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Monday, February 06, 2012 23:38 GMT
Head of Iran's Trade Promotion Organization Babak Afghahi says Iranian goods will be sold in Kuwait's market. "The Kuwaiti Union of Consumer Co-operative Societies is committed to sell Iranian goods with credible trademarks in Kuwait's market, Afqahi added. The Iranian official made the remark after he signed a trade and economic a Memorandum of Understanding (MoU) with the Kuwaiti Deputy Commerce Minister Rashid Al-Sayed Yousef Al-Tabatabaei on the same day. "The Kuwaiti government is due to review the agreements to prevent extra tax [on imported Iranian goods] and encourage mutual support for the investment and put them (agreements) into practice," Afqahi added. According to Afqahi, the MoU was inked after the 9th meeting of the Iran-Kuwait joint economic committee. "The MoU includes the development of customs cooperation, trade delegations, trade fairs and economic conferences," he concluded. - Press TV