Italian FM Visits Iran Seeking Closer Trade Ties

Italian Foreign Minister Paolo Gentiloni held talks with officials in Tehran on Tuesday, the latest in a series of European officials seeking closer trade ties with Iran after a nuclear deal with world powers, Reuters reported.

Gentiloni’s visit to Iran follows similar trips from senior government ministers from France, Germany and Serbia which have been among visitors to Iran since the July 14 accord.

Investment bank Mediobanca said in a statement that it, along with Italy's development ministry and export credit agency SACE, had signed a memorandum of understanding during the visit with Iran's economy ministry and its central bank, according to Reuters.

The aim of the agreement was "to facilitate future economic and commercial relations between the two countries," the statement said.

Before his visit, Gentiloni was quoted by the Iranian Mehr news agency as saying the nuclear agreement “will serve as an opportunity for a gradual improvement in the two countries’ relations.”

Italian Economic Development Minister Federica Guidi, who accompanied the delegation, told Iranian reporters that Italy would certainly invest in Iran's car industry in near future.

"The number of cars produced in Iran is high and this will not be limited to Iran's market," she was quoted as saying by state news agency IRNA.

After the Iran deal was signed, EU foreign affairs chief Federica Mogherini announced that she would visit Iran.

Similarly, French President Francois Hollande spoke with his Iranian counterpart Hassan Rouhani after the deal, and the two agreed to “step up bilateral cooperation”.

Austria's president has announced plans to travel to Iran on September 7-9, likely making him the first Western head of state to do so.

Source: http://www.israelnationalnews.com/News/News.aspx/199047

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