INSUBCONTINENT EXCLUSIVE:
trade between Iran and Malaysia.Making the remarks in an interview conducted by the Tehran Times on the sidelines of a ceremony to celebrate
I may say, one of the challenges aside from the banking restriction, is also we need to identify what kind of products that we could import
from Iran more, because right now the trade balance is seen in favor of Malaysia, because of our palm oil export and our timber and also
barter is one of the mechanisms that we could consider to increase our trade with Iran, but as I mentioned earlier, the challenges are to
identify the products, if you want to import palm oil from Malaysia, we have to identify what type of product we could import from Iran as
areas that Iran and ASEAN can work together, especially developing trade and also economic relations.And asked about the barriers in the way
So, they restrict the activity, the economy, and also activities between the ASEAN members and Iran; however, if the sanctions would be
potentially lifted, and the nuclear deal is potentially revived, it would open more chances and possibilities for ASEAN countries and Iran
