TEHRAN (FNA)- Managing-Director of Iran Mercantile Exchange Company Hossein Panahian and Japanese Ambassador to Tehran Koji Haneda, in a meeting on Saturday, laid the foundations for mutual cooperation in mercantile exchange between the two countries.During the meeting in the Iranian capital today, Panahian and Haneda underlined the need for paving the way for cooperation between Iranian and Japanese mercantile exchange companies as well as familiarization of Iranian and Japanese companies and manufacturers with exchanges in the mercantile bourses of the two countries.
During the meeting, Panahian explained about the historical background behind the establishment of mercantile bourse in Iran, laws and regulations, supervisory structure, the procedures of exchanges in the export section and the role of Iran Mercantile Exchange in the countrys economy and capital market.
The Japanese ambassador, for his part, pointed to Japans mercantile bourse as one of the oldest ones in the world, and called for further cooperation between mercantile exchange companies of Iran and Japan, specially in areas of training and exchange of technologies.
Diplomatic relations between Iran and Japan were formally established in 1926 and throughout history, the two countries have maintained a friendly and strongly cooperation in various arenas.
The two countries' officials have held talks in different economic, trade, political and cultural fields in recent years to explore new ways of expanding bilateral ties.
Iran is one of the main oil suppliers to Japan.
By Fars News Agency
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