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Iran Aims to Strengthen Economic Ties with Africa Through Free Trade Area Cooperation

Tehran: Foreign Minister Abbas Araqchi has announced Iran's intention to enhance its economic collaboration with African nations within the framework of a free trade zone. Araqchi highlighted the complementary nature of the economies of Iran and African countries during a ceremony in Tehran marking the 62nd anniversary of the African Union's establishment, known as Africa Day.

According to Islamic Republic News Agency, Araqchi emphasized Africa's significant accomplishments, including the creation of the African Continental Free Trade Area, which he described as one of the largest trade zones globally, encompassing over 1.4 billion people. The event in Tehran was attended by African ambassadors and underscored the historic and ongoing efforts of African nations to achieve progress and unity.

Araqchi acknowledged the influence of past African leaders like Kwame Nkrumah, Julius Nyerere, Jomo Kenyatta, and Nelson Mandela, whose legacies continue to inspire. He also paid tribute to the late Sam Nujoma, a pivotal figure in Namibia's independence. The minister expressed Iran's commitment to supporting Africa's aspirations for a seat on the United Nations Security Council and its continued pursuit of development.

The foreign minister highlighted Iran's willingness to cooperate with Africa in various sectors, including economic, political, and infrastructural fields. Araqchi reiterated Iran's readiness to engage in joint ventures in mining, agriculture, health tourism, and other areas, leveraging Africa's natural resources and Iran's technological advancements for mutual benefit. He expressed optimism for future Iran-Africa cooperation, particularly following the successful Iran-Africa economic cooperation forum held recently.

Araqchi concluded with a message of solidarity, emphasizing Iran's enduring friendship with Africa and its dedication to fostering stronger ties for shared prosperity and development.