Makhachkala, July 11, 2016. Dagestan and Iran intend to create a trade association for investments, - the press-service of Dagestan Ministry of Industry and Trade reports.

"The association aims at the promotion of Dagestan and Iran economic entities, the organization of logistics, the exchange of goods, the bilateral attraction of investments, the tourism development as well as the assistance in visa support", -the spokesperson commented.

The idea to establish the association emerged at the meeting between the representatives of Dagestan Ministry Industry and Trade and the Iranian Investment Company "Hamrahian" in Makhachkala - the ministry spokesperson resumed.