Iran, Italy ink 12 trade contracts

Tehran, April 13, IRNA – Executive Manager of Iran-Italy Chamber of Commerce, Industry and Mines said that 12 contracts and pre-contracts were signed in the presence of Italian PM and Iranian Minister of Industry, Mine and Trade, Mohammadreza Nematzadeh on Wednesday.
 
Ahmad Pourfallah told IRNA on Wednesday that Iran-Italy Trade Conference is underway and the businessmen of the two countries will participate in joint meeting in the evening.

He added that negotiations will be held in two separate sections and 45 businessmen from Iranian economic firms and 45 from Italian economic firms will take part in this event.

Pourfallah noted that one of these meetings is related to industry and the businessmen will negotiate on different fields such as oil and gas, electricity and power plant, steel, textile and fashion, car, big projects contracts, urban planning and architecture, telecommunication, railway industry, airport construction, shipping, refinery and petrochemicals.

He said that the Italian economic delegation including 70 economic firms is the ninth delegation which travelled to Iran in the post-sanctions era.

He added that 900 Italian economic firms have travelled to Iran in the post-JCPOA era.
He reiterated that Italy was regarded as Iran’s trade partner and the transaction value was 7.5 billion euro but unfortunately this amount fell into 1.4 billion euro in the recent years.

Referring to the bilateral negotiations, Pourfallah also expressed hope to solve issues like SWIFT and opening credits very soon.

Italian Prime Minister Matteo Renzi, heading a 250-member political and economic delegation, arrived in Tehran on April 12.

By IRNA

Source Article from http://theiranproject.com/blog/2016/04/13/iran-italy-ink-12-trade-contracts/

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