Italian companies keep working in Iran
By Trend
Italian investment companies remain active in Iran, despite the US’ unilateral sanctions, said the head of Trade Promotion Section of the Italian Embassy in Iran, IRNA reports.
“We have received a great number of requests from the Italian
companies to invest in Iran, and the embassy tries to facilitate
them,” said Augusto Di Giacinto in a meeting with the chairman of
the chamber of commerce and businessmen of Iran’s northern province
of Mazandaran.
He stressed that small family-owned businesses constitute over 90%
of Italian production and industrial companies that can keep
working in Iran during sanctions.
“We have proven our goodwill and will continue to support Iran even
in difficult economic conditions,” he added.
He expressed hope that banking transactions for Italian businessmen
would be facilitated soon.
He also reiterated that both countries should lever up trade ties
with trade capacities.
Some Italian businessmen accompany Di Giacinto in his one-day visit
to Mazandaran.
Currently the Iran-Italy trade exchange is roughly $5b and is
expected to reach $13b in the next few years due to trade
agreements between the two countries.
---
Follow us on Twitter @AzerNewsAz
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!