Iran's Deputy Minister of Roads and Urban Development Mohammad Rastad explored ways of using trade and connectivity capacities with the Vietnamese officials.

The managing director of the Ports and Maritime Organization met Vietnamese national shipping authorities during a visit to Vietnam and discussed the trade and communications capacities of the two countries. The discussions focused on the launch of a shipping line between ports of the two countries.

Rastad also met with the Deputy Minister of Transportation during his visit to Vietnam and talked through the trade and communications capacities of the two countries on the development of port and maritime cooperation. Mr. Rastad praised the capabilities of the ports of Vietnam and the University of Marine Sciences, while expressing hope that in the future, there will be stronger ties to the corresponding sections in Iran.

The first meeting of Iran-Vietnam Maritime cooperation working group will be held in Tehran by the end of this year, said the managing director of the Ports and maritime Organization while emphasizing on the implementation of Article 15 of the Joint Shipment MoU.

Referring to port capacities and the transit role of Iran in the region, Rastad also pointed to the implementation of issues such as "supporting and setting up a shipping line between the two countries", "exploiting the academic capabilities of the two countries and establishing a link between the relevant authorities", and " facilitating financial transactions and facilitating the transfer of oil products, especially bitumen to Vietnam”

Rastad and accompanying delegation also visited Hai Phong, the biggest trade port in northern Vietnam, on the invitation of the country’s maritime officials and with the aim of boosting port and maritime cooperation. During the meeting, senior directors of the Hai Phong Port presented a report on its capacities and functions.

Reference: pmo.ir