TEHRAN- Iran’s Trade Promotion Organization (TPO) signed a memorandum of understanding (MOU) with three economic zones of Belgium on cooperation in scientific, technological and infrastructural projects, IRNA reported on Sunday.

Iran-Belgium current annual trade of near $200 million is anticipated to double by the end of the current Iranian calendar year (March 20, 2017), TPO Head Mojtaba Khosrotaj announced on the sidelines of the MOU signing ceremony in Tehran.

A Belgian trade delegation including 200 representatives from 140 companies arrived in Tehran on Sunday to explore avenues of enhancing mutual economic cooperation with their Iranian counterparts during their two-day stay in Iran.

The delegates are active in various fields such as oil and gas equipment and services, commercial vehicles and auto parts, construction, interior decoration and architecture, flooring and textiles, forwarding and transport, new energies, food industry, information technology and etc.

MA/MG