The four-day forum is taking place in Johannesburg in the presence of Iranian Vice-President for Science and Technology Sorena Sattari, deputy head of South Africa’s Chamber of Commerce and Industry (SACCI), as well as representatives from a number of African and Iranian companies.
The forum aims to establish links between the two countries’ private sectors and to hold business talks in a bid to boost the export of Iranian goods to South Africa, transfer technology, or absorb investment and joint cooperation.
Sorena Sattari is in Johannesburg atop a delegation comprising 48 managers of investment and knowledge-based companies active in ICT, health and biotechnology, mining industries, machinery and electronics.
In late April, Tehran and Pretoria, in a joint statement issued at the end of South African President Jacob Zuma's official visit to Iran, underlined the need for fast growth in expansion of ties and mutual cooperation.
Iran and South Africa underlined broadening their bilateral ties in different areas in their joint statement.
The two sides also agreed to expand mutual cooperation in regional and international areas.