Iran, Singapore Mull Enhanced Trade Ties

Jasim Jadori said the province enjoys massive inshore and offshore potentialities which make investment in its pretty profitable. 

He said the two countries are eager to boost their trade and the province can play a major role in this regard. 

Speaking in a meeting with Singaporean ambassador to Tehran, Jadori added that Iran and Singapore can have favorable trade ties, adding Singaporean investors can finance development projects in the province. 

He also said Hormuzgan is located in the norther-south corridor which makes it a transit hub for shipping goods to Persian Gulf littoral states as well as the Indian Ocean to middle-Asian countries.