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Iran and SCO to develop intensive trade ties after sanctions’ lift — Iran’s deputy FM

Iran’s Deputy Foreign Minister said that for the moment the annual trade volumes between Iran and the SCO states stood at about $90 billion

UFA, July 10 /TASS/. Iran and the Shanghai Cooperation Organization (SCO) member states will have a chance to develop intensive trade ties after the sanctions against Iran are lifted," Iran’s Deputy Foreign Minister Ibrahim Rahimpur said at the SCO summit in Ufa on Friday.

"We will get a chance to develop active trade ties with all the SCO members countries after the sanctions against Iran are removed," the Iranian diplomat said.

He added that for the moment the annual trade volumes between Iran and the SCO states stood at about $90 billion. "I am convinced the figure will significantly increase after the sanctions are gone," Rahimpur added.