The trade turnover of Iran and Georgia reached $200 million and may further increase to $3-4 billion in the future. Iran is not among the top ten Georgian trade partners and will have a chance to rectify this in the next two years, Business Georgia reports.
Iranian Deputy Foreign minister for Asia and the Pacific Ocean Ibrahim Rahimpouer said that a deal was reached with Georgia to buy its water in exchange for Iranian gas. He added that a gas pipeline construction will be built to transport liquefied Iranian gas to Georgia. Iranian businessmen plan realization of large and medium-scale investment projects in agriculture, logistics and processing industry.
The Georgian-Iranian Joint Trade and Industry Chamber is the main structure promoting trade between the two countries.
