Expo 2020 Dubai, a chance for Iranian economy

Expo 2020 Dubai, provides Iran with a chance to promote exports and give a boost to tourism industry, according to Farshid Farzanegan, the head of Iran-UAE Joint Chamber of Commerce.

7 September 2021
ID : 33050
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Expo 2020 Dubai, provides Iran with a chance to promote exports and give a boost to tourism industry, according to Farshid Farzanegan, the head of Iran-UAE Joint Chamber of Commerce.

Aerial general view of Terra – the Sustainability Pavilion – in Expo 2020 Dubai

Expo 2020 Dubai, provides Iran with a chance to promote exports and give a boost to tourism industry, according to Farshid Farzanegan, the head of Iran-UAE Joint Chamber of Commerce.

Forecasts suggest that Dubai has planned for the presence of tens of millions of tourists in the event, Farzanegan said, noting that this is an opportunity for Iran which has many capabilities in the area of exports of foodstuff and agricultural products.

Expo 2020 Dubai will be held on October 1, 2021 – March 31, 2022.

The event was originally scheduled for October 20, 2020 – April 10, 2021. It was however postponed to a year later due to the COVID-19 pandemic in the United Arab Emirates.

The head of Iran-UAE Joint Chamber of Commerce called on the Iranian government to make the necessary preparations for the event and offer diverse packages so as to be able to attract millions of foreign tourists.

He said that the new Iranian government has to make use of the potentials of the private sector to promote economic relations with regional countries.
Export associations, joint chambers of commerce and provincial chambers will have a large presence in the Expo, Farzanegan said.

The purpose of the private sector presence in the Expo is to promote the country's exports and use the Expo opportunity to grow its export position, he added.

He said that some 25 to 40 million people are expected to visit Expo 2020 Dubai.

Iran has allocated nearly 8-9 million dollars to its presence in the Expo, Farzanegan said, adding that some 10% of the amount has been invested on constructing the country’s pavilion.

The Expo has been designed in an area of some 438 hectares two times bigger that Milan Expo.

Expo 2020 Dubai will be the first World Expo ever hosted in the Middle East, Africa and South Asia region and the largest event ever held in the Arab World.

The six-month extravaganza of culture, architecture, entertainment, global cuisine, and more, will attract more than 200 organizations including 192 nations, each with their own pavilion, a World Expo first.

Through its theme, ‘Connecting Minds, Creating the Future’, Expo 2020 will provide a platform to encourage creativity, innovation and collaboration across its subthemes: Opportunity, Mobility and Sustainability.

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