Shafeyee made the announcement in a meeting with a Belgian delegation headed by President of the Federation of Belgian Chambers of Commerce Rene Branders in Tehran on Tuesday.
"The most important requirements for both countries' businesses are banking and insurance ties that have registered slight improvements after Iran’s nuclear deal, but they are still not enough,” he added.
Shafeyee noted that Belgium’s economic, financial and trading strength is significant among European Union member-states and ties with that country is of high importance for the Iranian companies and traders.
“The desire for expanding economic relations is obvious in both sides. Therefore, we have made plans for the Belgian delegation during their four-day visit in Tehran and Isfahan, and we hope to achieve beneficial results through negotiations,” he said.
This is while the Belgian ambassador to Tehran Francois Delhaye noted that there are plenty of opportunities to expand bilateral relations, as the economy of the two countries can be complementary.
“Because of the volatile atmosphere and the US actions, banking and insurance ties have not improved at an acceptable pace, which is hoped to be resolved as soon as possible,” Delhaye added.
The Belgian ambassador explained that in this situation of uncertainty, the visit of Belgian delegation has a special message and that Belgian companies are eager to extend their ties with Iran and the Belgian government has been also actively pursuing Iranian issues in EU.
Iran-Belgium trade stood at $723.83 million in 2016, according to figures released by the Iranian government.