Visa restrictions must be eliminated to streamline trade: Caspian states

TEHRAN, May 24 (MNA) - The 13th meeting of the International Council of Business Cooperation (ICBC) of the Caspian Sea littoral states wrapped up yesterday in the northern Iranian city of Gorgan, with the participants emphasizing the need to eliminate visa restrictions in order to increase multilateral trade. Transportation and banking were two of the main topics of discussion at the meeting. The ICBC member states also highlighted the need to adopt proper mechanisms to solve problems in the transportation and banking sectors. Representatives from the chambers of commerce of Iran, Turkmenistan, Kazakhstan, Russia, and Azerbaijan attended the meeting. The ICBC was established by the Russian, Kazakh, and Iranian chambers of commerce in 1996.