Iran-South Africa trade may reach $10b – minister

Iran Focus: Tehran, Iran, Jul. 31 – Iran’s acting Economy Minister said on Thursday that trade between Iran and South Africa could reach an annual level of $10 billion.

Iran Focus

Tehran, Iran, Jul. 31 – Iran’s acting Economy Minister said on Thursday that trade between Iran and South Africa could reach an annual level of $10 billion.
 
Hossein Samsami said Iran-South Africa trade currently stood at $4billion annually, the official news agency IRNA reported.

Samsami added that cooperation in a number of areas, including energy, agriculture, and commerce would give rise to the possibility of annual trade between the nations reaching $10 billion.