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  • 05-07-22

    TPO starts database that supply investors with data on markets

    (MENAFN) The TPO portal mentioned in a report that chief of Iran’s Trade Promotion Organization (TPO) has declared that it will be starting a platform that supplies investors with a database including data on Iran’s trade partners.

    In line with Alireza Peyman-Pak, the stated that the database has been created as part of the organization’s plan to move near smart business and promoting new ways of foreign trade.

    The official stated that “In order to make foreign trade smarter and to move away from traditional ways, two important programs have been implemented by the Trade Promotion Organization.”

    Peyman-Pak stated that the stated platform is created so that investors can have a comprehensive analysis of the destination markets, adding “Instead of spending days for identifying appropriate trade partners traders can quickly find potential markets with the help of data mining, whose job is to collect market information and analyze it.”

    Pointing out that using such platforms has been popular in developed nations for years, the official stated that “With the information collected using artificial intelligence, our businessmen are able to identify certain products and learn about the target community that has a demand for those products to become prepared to get into the business without wasting too much time.”

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