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Iran’s oil delegation in Vienna to introduce investment opportunities

Business Materials 23 July 2015 12:16 (UTC +04:00)
An Iranian delegation including high-ranking petrochemical industry officials is visiting Vienna, Austria to introduce investment opportunities in Iran 's petrochemical industry in the post-sanctions period.
Iran’s oil delegation in Vienna to introduce investment opportunities

Baku, Azerbaijan, July 23

By Umid Niayesh - Trend:

An Iranian delegation including high-ranking petrochemical industry officials is visiting Vienna, Austria to introduce investment opportunities in Iran 's petrochemical industry in the post-sanctions period.

The delegation is headed by Mohammad Hassan Peyvandi, deputy director of National Petrochemical Company (NPC), Iran 's Mehr news agency reported.

The delegation is scheduled to explain new investment opportunities in Iran 's petrochemical industry to European, in particular Austrian investors in a meeting on July 23.

The Iran-Austria joint chamber of commerce organized the visit.

Iran's Minister of Industry, Mine, and Trade, Mohammad Reza Nematzadeh will also visit Vienna to attend an international conference on investment in Iran which is scheduled for July 23-24.

Heading a high-ranking delegation from Iran 's financial, banking, foreign investment, oil, gas, petrochemical, mine and automotive sectors, Nematzadeh will talk with European officials to explore avenues for boosting Iran-EU economic ties.

Iran's economy minister, Ali Tayebnia, who is already in Vienna also will participate the conference. Tayebnia said the gathering will provide an opportunity for European investors to actively work in Iran 's lucrative market following the nuclear deal between Tehran and the six world powers which achieved last week.

After several months of talks, on July 14, Iran and the P5+1 (US, Russia, China, France, UK, and Germany) announced a final accord, curbing Iran 's nuclear program in exchange for the lifting of most international sanctions.

Edited by CN

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