Italy signs EU’s biggest ever credit deal with Iran

Iran and Italy have signed a major framework credit agreement worth €5 billion which Tehran says is the biggest ever such agreement signed with a European country.   Iran and Italy have signed a major framework credit agreement which will be used to provide funds for development and industrial projects…

Rome-Tehran trade ties must develop: Italian industry minister

An Iranian exhibitor is seen in a pavilion during the opening of the fair ‘Iran country presentation’ in Rome, Italy, November 22, 2016. (Photo by Reuters) Italy’s Economic Development Minister Carlo Calenda has vowed to support upcoming business deals with Iran. He called for closer ties between Iran and European countries,…

Iran, Italy can cooperate on food supply to markets of region

Head of Tehran Chamber of Commerce Masoud Khansari said on Tuesday that Iran and Italy can cooperate on food supply to take a large part of markets of the region. He made the remarks in a meeting in Tehran with Italian Minister for Agricultural, Food and Forestry Policy, Maurizio Martina….

Rouhani: Newly emerging Iranian economy of enough internal energy

President Hassan Rouhani said here on Tuesday Iranian economy is among newly emerging economies with sufficient internal energy, good road connections joint Iran with neighbors, enough educated manpower, and thus ready to host foreign investors. ‘Italy is of special importance for us because it has a good background in Iran,…

Lift of anti-Iran sanctions, special chance for Italian companies

Managing director of Italy’s Genius Car Ltd announced that lifting anti-Iran sanctions is a special opportunity for the foreign firms, also the Italian ones, to be present in Iranian market. The talks on implementation of Joint Comprehensive Plan of Action (JCPOA) concluded in Vienna on Saturday, and the US and…

Italy demandes collaboration with IRISL

A delegation comprising the Italian ambassador to Tehran and the port authorities of Italy met on Monday with the chairman of the board and director of Islamic Republic of Iran Shipping Lines (IRISL), and demanded expanding mutual collaboration between the two countries in the post-sanction era. Expressing his interest in…

Iran, Italy to augment trade ties from current level of $7b a year

Iran and Italy decided to augment trade from the current level of seven billion dollars a year, Managing Director of the Islamic Republic of Iran International Fairs Joint Stock Company Hossein Esfahbodi said on Sunday. He made the remarks on the sidelines of inauguration of the Second International Italy Exclusive…