ID :
122236
Sat, 05/15/2010 - 12:37
Auther :
Shortlink :
https://www.oananews.org//node/122236
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G15 must aid Iran economically, despite political setbacks
TEHRAN, May 15 (MNA) – The governor of Iran Chamber of Commerce called on members of the Group of 15 to take a firm stand against sanctions imposed on international firms doing business with Iran.
Speaking at the 16th summit of G15 Federation of the Chambers of Commerce, Industry and Services in Tehran on Friday, Mohammad Nahavandian said that the sanctions were based on political pretexts, adding that group working among the members was a prerequisite for global presence.
G15 is a huge market which has one-third of the world’s population, one-fourth of the world’s area, 17 percent of global GDP and 29 percent of the world’s gas supplies, he said.
He suggested that it might be now the time to exercise practical measures to ease trade between the G15 states.
Nahavandian called the establishment of the G-15 Federation of the Chambers of Commerce, Industry and Services a great stride in enhancing trade between the group members.
Trade of textiles, foodstuff, furniture, agricultural products, computers, and electronics were among the issues discussed by the group.
They also reviewed global financial crisis, methods of increasing trade among the group members, and ways to enhance economic ties with Iran.
G15 was established at the Ninth Non-Aligned Movement Summit Meeting in Belgrade, Yugoslavia in September 1989. It was set up to foster cooperation and provide input for other international groups, such as the World Trade Organization and the Group of Eight rich industrialized nations.
It is composed of countries from North America, South America, Africa, and Asia with a common goal of enhanced growth and prosperity.
The G15 focuses on cooperation among developing countries in the areas of investment, trade, and technology.
The membership of the G15 has expanded to 18 countries including the Islamic Republic of Iran, Jamaica, Mexico, Argentina, Brazil, Chile, Peru, Venezuela, India, Indonesia, Malaysia, Sri Lanka, Algeria, Egypt, Kenya, Nigeria, Senegal, and Zimbabwe.
Speaking at the 16th summit of G15 Federation of the Chambers of Commerce, Industry and Services in Tehran on Friday, Mohammad Nahavandian said that the sanctions were based on political pretexts, adding that group working among the members was a prerequisite for global presence.
G15 is a huge market which has one-third of the world’s population, one-fourth of the world’s area, 17 percent of global GDP and 29 percent of the world’s gas supplies, he said.
He suggested that it might be now the time to exercise practical measures to ease trade between the G15 states.
Nahavandian called the establishment of the G-15 Federation of the Chambers of Commerce, Industry and Services a great stride in enhancing trade between the group members.
Trade of textiles, foodstuff, furniture, agricultural products, computers, and electronics were among the issues discussed by the group.
They also reviewed global financial crisis, methods of increasing trade among the group members, and ways to enhance economic ties with Iran.
G15 was established at the Ninth Non-Aligned Movement Summit Meeting in Belgrade, Yugoslavia in September 1989. It was set up to foster cooperation and provide input for other international groups, such as the World Trade Organization and the Group of Eight rich industrialized nations.
It is composed of countries from North America, South America, Africa, and Asia with a common goal of enhanced growth and prosperity.
The G15 focuses on cooperation among developing countries in the areas of investment, trade, and technology.
The membership of the G15 has expanded to 18 countries including the Islamic Republic of Iran, Jamaica, Mexico, Argentina, Brazil, Chile, Peru, Venezuela, India, Indonesia, Malaysia, Sri Lanka, Algeria, Egypt, Kenya, Nigeria, Senegal, and Zimbabwe.
