History of economic relations between Iran and Belgium goes a long way back to the late 19th century. At that time , Iran took advantage from co-operating with Belgium in erecting its first sugar factory , its first railroad between Tehran and Shahr-e-Ray, and the reorganization of its Ministries of Customs , Finance and Post. Belgium , in its part , imported Iranian products such as oil , carpet and wool as well. These old economic relations between the two countries declined after the outbreak of the Second World War but resumed its vigor in 1961 and progressed further. Establishment of Iran and Belgium Chamber of Commerce and Industry in Tehran is intended to serve as an important mechanism for developing these relations further. It is hoped that through the offices of this Chamber, the economic , trade and industrial activities of both countries will enjoy a considerable growth in the future.

IRAN INFORMATIONS
the Islamic Republic of Iran Persian: جمهوری اسلامی ايران, also known internationally as Persia, is a Southwest Asian country located in the geographical territories of Southern Asia,, Central Asia and the Caucasus. Persian is the official language. The 18th largest country in the world in terms of area at 1,648,195 km², Iran is about the size of United Kingdom, France, Spain and Germany combined. It has a population of over seventy million people. Iran borders Armenia, Azerbaijan, and Turkmenistan to the north; Afghanistan and Pakistan to the east; and Turkey and Iraq to the west. In addition, it borders the Persian Gulf, an important oil-producing area, Gulf of Oman, and the Caspian Sea. Iran is one of the world's oldest continuous major civilizations, with historical and urban settlements dating back to 4000 BCE. Throughout history, Iran has been of geostrategic importance because of its central location in Eurasia. Iran is a founding member of the UN, NAM, OIC, OPEC, ECO, and seeks to join the SCO.. As a regional power., Iran occupies an important position in international energy security and world economy due to its large reserves of petroleum and natural gas. The country is known for its independent stances in the global arena.

Economy of Iran
Iran's economy is a mixture of central planning, state ownership of oil and other large enterprises, village agriculture, and small-scale private trading and service ventures. Its economic infrastructure has been improving steadily over the past two decades but continues to be affected by inflation and unemployment. In the early twenty-first century the service sector contributed the largest percentage of the GDP, followed by industry (mining and manufacturing) and agriculture. About 45 percent of the government's budget came from oil and natural gas revenues, and 31 percent came from taxes and fees. Government spending contributed to an average annual inflation rate of 14 percent in the period 2000–2004. In 2006 the GDP was estimated at $193.5 billion ($599.2 billion at PPP), or $2,440 per capita ($8,700 at PPP). Because of these figures and the country’s diversified but small industrial base, the United Nations classifies Iran's economy as semi-developed. Iran's major commercial partners are China, Germany, South Korea, France, Japan, Russia and Italy. Since the late 1990s, Iran has increased its economic cooperation with other developing countries, including Syria, India, Cuba, Venezuela, and South Africa. Iran is also expanding its trade ties with Turkey and Pakistan and shares with its partners the common goal of creating a single economic market in West and Central Asia, much like the European Union called ECO. Iran also expects to attract billions of dollars of foreign investment by creating a more favorable investment climate, such as reduced restrictions and duties on imports, and free-trade zones in Chabahar, Qeshm and Kish Island. The current administration continues to follow the market reform plans of the previous one and indicated that it will diversify Iran's oil-reliant economy. It is attempting to do this by investing revenues in areas like automobile manufacturing, aerospace industries, consumer electronics, petrochemicals and nuclear technology. Iran has also developed a biotechnology, nanotechnology, and pharmaceuticals industry.[78] The strong oil market since 1996 helped ease financial pressures on Iran and allowed for Tehran's timely debt service payments. Iranian budget deficits have been a chronic problem, in part due to large-scale state subsidies, totaling more than $40 billion per year, that include foodstuffs and especially gasoline.

Tourism
Xerxes Gate, The gate of all nations at Persepolis The tourist industry declined dramatically during the war with Iraq in the 1980s but has subsequently revived. The majority of the 300,000 tourist visas granted in 2003 were obtained by Asian Muslims, who presumably intended to visit important pilgrimage sites in Mashhad and Qom. About 1,659,000 foreign tourists visited Iran in 2004; most came from Asian countries, including the republics of Central Asia, while a small share came from the countries of the European Union and North America. Several organized tours from Germany, France, and other European countries come to Iran annually to visit archaeological sites and monuments. The government reported that in 2004 some 4 million tourists, including over 2 million Iranians on vacation, spent nearly US$2 billion in Iran, an increase of 10 percent over 2003. However, in the early 2000s the industry still faced serious limitations in infrastructure, communications, regulatory norms, and personnel training.[83] Iran currently ranks 68th in tourism revenues worldwide. Iran with attractive natural and historical sites is rated among the 10 most touristic countries in the world. Close to 1.8 percent of national employment is generated in the tourism sector which is slated to increase to 10 percent in the next five years. Iranian hospitality is one of the unique and distinctive features of its people