President of Iran Chamber of Commerce, Industries, Mines, and Agriculture Gholam Hossein Shafei said the political and economic stability in Ghana has provided a chance for making further cooperation in the country.
Shafei made the remarks during a meeting in Tehran on Saturday with Ghana's ambassador to Iran Eric Owusu-Boateng.
Noting that the economy of Ghana is the second biggest economy in Africa, Shafei said that the significant economic growth of Ghana is of special significance for the Iranian merchants.
The economies of Iran and Ghana can complement each other, he said.
Agricultural development has been on the agenda of the Ghanaian government over the past years and Iran has a good position in producing agricultural machineries, Shafei said, adding that the two countries can also cooperate in production of medicine, cement and tiles, as well as food and textile industries.
He urged the need for forming a joint economic commission between Iran and Ghana so as to help the economic activists of both countries have a better understanding of the potentials of each other.
The Ghanaian ambassador, for his part, said that Iran and Ghana enjoy excellent political relations, however noting that the economic relations between the two countries are lagging behind the political relations.
Boateng said that his country is eager to provide the possibility of establishing Iranian production units in Ghana.
Ghana can help the tax-free distribution of Iranian products in free economic zones of the country and other African countries, the ambassador said.
Iran can cooperate with Ghana in producing construction materials and processing of agricultural products, he said voicing his country’s readiness to facilitate Iranian automakers to launch production lines in Ghana.
Boateng expressed hope that with the removal of US unilateral sanctions on Iran, a direct shipping line and airline will be launched between Iran and Ghana.