Monday, 13 January, 2020

Italian, Hungarian trade delegations to visit Iran soon

The president of Iran-Italy joint chamber of commerce said 1000 Italian companies will soon visit Iran in the form of three trade delegations, Mehr News reported.

Ahmad Pourfallah described the plans for 1000 Italian firms to enter Iran in the near future.

“The 1000 companies will arrive in Iran in the form of three trade delegations, the first of which consisting of 300 prominent Italian companies will visit Iran on November 29-30,” he noted.

“All the companies were supposed to visit Iran as part of one integrated delegation but it was later decided they enter the country in three different delegations till the end of the current Iranian calendar year in order to conduct technical meetings with Iranian companies in various fields,” Pourfallah added.

He further asserted that, “the first trade delegation from Italy will travel to Iran next week to hold meetings on several issues including mechanics, automotive, environment, renewable energy, medicine, stone, construction equipment, excavator industry, tile making, mining, metals as well as pipes and fittings.”

“The Iranian President’s trip to Italy was called off for a perfectly logical reason and the journey will be done in a months,” concluded Pourfallah.

Hungarian PM to lead trade delegation to Iran

Hungarian Prime Minister Viktor Orban, heading a delegation of representatives of 95 firms, is scheduled to visit Iran on November 30, according to Iran’s Chamber of Commerce, Industries, Mines, and Agriculture official website.

The report said Iranian and Hungarian sides have been projected to convene in an economic forum to study expansion of Tehran-Budapest cooperation.

Visiting Hungarian firms are active in the fields of healthcare sector and biotechnology, energy sector, information and communication technology, forestry and wood industry, environment and renewable energy, consultation and services, construction and engineering services, beauty industry, and agriculture and food industry.

Already on May 18 in Tehran, in a meeting between Iranian President Hassan Rouhani and Hungarian Foreign Minister Peter Szijjarto, President Rouhani had expressed his country’s readiness to develop political, economic, and cultural ties with Hungary.

Hungarian firms are hoping to win post-sanctions business in Iran following its nuclear deal with world powers, according to which Iran has agreed to scale down its nuclear program in exchange for sanctions reliefs.

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