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FTCCI & Yazd Chamber keen to sign MoU and exchange bilateral visit

12032022 Hyderabad,  FTCCI: Press Release:

12032022 FTCCI

FTCCI & Yazd Chamber to have direct contacts to introduce and help businesses in exploring opportunities

The Federation of Telangana Chambers of Commerce and Industry FTCCI had conducted a meet with the YAZD Chamber, Islamic Republic of Iran.

His Excellency Mr. Mahdi Shahrokhi, Consul General of Islamic Republic of Iran, Hyderabad suggested the Chambers to invite each other on a bilateral visit to explore business opportunities.  MoU between the two Chambers will also help in developing and maintaining good relations.  He also suggested for having direct contacts between the two Chambers to introduce and help businesses in exploring opportunities.  The potential areas for cooperation between Yazd and Telangana are Pharmaceutical products, Food products (sweets, dry fruits, etc), Mineral products, Ceramic and Tiles, Petrochemical products. He lauded the efforts of FTCCI in promotion of trade, commerce and Industry.

Mr. Mohammad Reza Ghomi, President, Yazd Chamber of Commerce, Industries, Mines & Agriculture informed that Yazd is the forth industrial and developed province of Iran.  Always Yazd is known for the quality of its silk and carpets, Yazd today is one of Iran’s industrial centers for textiles. There is also a considerable ceramics and construction materials industry and unique confectionery and jewellery industries. Yazd, the city of wind catchers, was recently inscribed on UNESCO World Heritage List.  Ceramic tiles, hydrocarbons, building glass, glass wares, petrochemicals and agricultural products including pomegranate seeds, pistachios and pistachio kernels are among the main exported items.

Mr. K. Bhasker Reddy, President, FTCCI said that bilateral relationship between India and Iran has evolved into a diverse partnership nurtured by a long history of cultural connections. India has actively engaged with Iran to secure energy sources considering that Iran is the most viable option in this sphere given its geographic proximity to India.  The Chabahar port being jointly developed by India will be a gateway to opportunities for trade with central Asian nations.  He also mentioned about close association of FTCCI and Consulate General of Islamic Republic of Iran, Hyderabad, to promote the trade between the two countries by organizing interaction meetings with the business delegations on a regular basis.

Mr. Rajendra Agarwal, Chair, International Trade Committee, FTCCI said that the program is being organised to give an opportunity the businessmen to know the development taken place in Yazd Province, Iran and the scope of establishing business co-operation, joint-ventures, technology import and/or making investment in Iran especially between Yazd Province and State of Telangana.

Members of Board of Representatives of Yazd Chambers, Officials of Consulate General of Islamic Republic of Iran, Mr. Anil Agarwal, Senior Vice President, Mr. Meela Jayadev, Vice President and Ms. Khyati Naravane, CEO of FTCCI participated and addressed the meeting.

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