Sweden eyes long-term economic co-op with Iran
TEHRAN – Swedish Minister for EU Affairs and Trade Ann Linde said Swedish companies are highly interested in Iran’s market and Sweden plans to have long-term economic cooperation with the country.
According to IRIB, Linde made the remarks in a joint meeting on Saturday attended by Swedish entrepreneurs and businessmen as well as senior officials from Industrial Development and Renovation Organization of Iran (IDRO).
In the meeting, the official noted that representatives of renowned Swedish companies including Ericsson, Volvo and Scania are accompanying her to negotiate business with their Iranian counterparts.
“Automobile, railway, renewable energies and health are some potent areas for mutual cooperation,” she said.
Further in her remarks, Linde noted that before the imposition of Western sanctions Iran was the biggest export destination for Swedish commodities in the Middle East.
“Lifting of the sanctions has presented new opportunities for both sides and the decision for opening our trade office in Tehran indicates our determination for long-term cooperation,” she added.
As for Iranian side, the Chairman of the Board of the IDRO Mansour Moazami said that Iran and Sweden’s economic cooperation is expected to boost in various areas especially in industrial and banking sectors.
Linde is visiting Iran with a high-ranking trade delegation headed by the Swedish Prime Minister Stefan Löfven.
The two countries signed five memorandums of understanding (MOUs) for cooperation on technology, science and research, transportation, communications and information technology (IT), as well as women and family affairs on Saturday.
EF/MA
source: Tehran Times
Top News
Five last month
Two last year
US Energy Dept finalizes $2.26bn loan for Lithium Americas’ Nevada mine
Abandoned copper mines embraced as fast track to boost output
Solidcore to buy 55% stake in Kazakhstan’s Syrymbet tin deposit for $82.5m
Mercuria eyes equity in African assets, new metals boss says
Glencore posts lower metals output for first nine months, reiterates outlook
Gold price surge adds glitter to tarnished miners
Traders see gold as a surefire bet as coin-toss election looms
Anglo American sells Australian coal JV stake for $1.1 billion
Gold price shows little reaction to jobs data
St Barbara raises $73m to fast-track Simberi sulphide production
Copper price sees biggest drop since May as Trump’s win boosts dollar
Sibanye agrees wage deal for its gold operations, union says
China’s industry ministry plans to step up lithium, cobalt, nickel exploration
Liberty Gold advances Black Pine project permitting
China zinc smelter group sets processing fees for Q1 2025
Brazil prepares to remove illegal Amazon gold miners from Munduruku land
Anglo American sells Australian coal JV stake for $1.1 billion
Solidcore to buy 55% stake in Kazakhstan’s Syrymbet tin deposit for $82.5m
Ecuador to reopen mining register for first time in over six years
St Barbara raises $73m to fast-track Simberi sulphide production
Copper price sees biggest drop since May as Trump’s win boosts dollar
Sibanye agrees wage deal for its gold operations, union says
China’s industry ministry plans to step up lithium, cobalt, nickel exploration
China zinc smelter group sets processing fees for Q1 2025
Brazil prepares to remove illegal Amazon gold miners from Munduruku land
Anglo American sells Australian coal JV stake for $1.1 billion
Solidcore to buy 55% stake in Kazakhstan’s Syrymbet tin deposit for $82.5m
Ecuador to reopen mining register for first time in over six years