“We are no longer interested in a unidirectional importation of goods and machinery from Europe”.
Advertisement
“Rather, we are looking for a two-way trade as well as cooperation in development, design and engineering”, he told business representatives in Vienna. Less than 10 days after signing its nuclear deal, Iran formally threw open its doors Thursday to European Union companies, eager to do business _ and dozens of firms answered the call.
Lured by the prospect of an easing of economic sanctions against Iran following the landmark deal last week, German Economy Minister Sigmar Gabriel, who is also vice chancellor, made a three-day trip to Iran from Sunday to Tuesday, meeting President Hassan Rouhani and his top ministers.
Abu dhabi Iran on Thursday generalized intentions to patch up its most important companies and job relations participating in a nuclear contract by having entire world drives, saying finally it was focusing on oil and gas projects valued at usd185 billion by 2020.
The Iran Oil Contract (IPC) addresses some of the deficiencies of the traditional buy-back deals, taking short- and long-term interests of the foreign entities to heart, he said.
By 2025, Iran aims to produce 3 million vehicles through joint ventures with auto parts manufacturers, with 1 million units intended for exports including to Europe, Nematzadeh said.
Iran’s Minister of Industry, Mine, and Trade, Mohammad Reza Nematzadeh will also visit Vienna to attend an global conference on investment in Iran which is scheduled for July 23-24.
Advertisement
Central bank deputy governor Akbar Komijani said Iran’s financial sector was offering opportunities for cooperation between domestic banks and foreign investors.
