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Luxembourg trade delegation to visit Iran

Business Materials 25 April 2017 13:18 (UTC +04:00)
A trade delegation from Luxembourg is slated to arrive in Iran on April 29 to study opportunities for doing business in the Islamic Republic.
Luxembourg trade delegation to visit Iran
Baku, Azerbaijan, Apr. 25

By Khalid Kazimov – Trend:

A trade delegation from Luxembourg is slated to arrive in Iran on April 29 to study opportunities for doing business in the Islamic Republic.

The 50-member delegation including traders and entrepreneurs are scheduled to meet the members of the Tehran chamber of commerce during
the visit, ISNA news agency reported.

According to the report, the delegation consists of representatives of companies involved in food industry, financial, banking and investment
spheres as well as entertainment industry.

Earlier in February Iran and Luxembourg signed a memorandum of understanding (MoU) to boost trade ties and to support investment in
both countries.

According to the European Union’s statistics agency Eurostat, the trade turnover between Iran and the EU in 2016 grew by 78 percent compared to 2015 reaching 13.7 billion euro.

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