British economic-cultural delegation due in Iran May 7 – (EXCLUSIVE)
Tehran, Iran, April 27
By Mehdi Sepahvand - Trend:
The Middle East Association is going to dispatch a large delegation to Iran with the hope to help British companies find new opportunities of cooperation in a variety of fields.
The delegations will include teams from major economic companies to cultural and scientific centers, Open Iran Group CEO Siamak Goudarzi told Trend April 27.
Goudarzi, whose team of legal and business consultants have assisted many international companies to expand into Iran, further said British companies are very strong in their will to start business with Iran in the post-sanctions era despite minor banking problems that still remain from the sanctions time.
The delegation will include 30 teams, ranging from oil and gas companies to the department store group House of Frazer, to Nottingham University, Berlitz English Language School, Wimbledon School Of English, Hockley International, the British Law Society and other law firms, business management companies, as well as IT and software companies, he said.
"The delegation will also include companies working in the areas of agricultural services and export, production of fertilizers and pesticides, etc."
On the Iranian side, many entities are waiting to hold meetings with the British visitors, including educational centers such as the Ministry of Science, Kharazmi University of Tehran, the Azad University, the University of Kashan, and Tehran Institute of Technology.
Regarding the energy sector, he said Britain's Shell and BP are waiting for the Iran Petroleum Contract (IPC) to be finalized so that they can sign deals with Iranian partners.
Recently, Lord Lamont, UK's trade envoy to Iran and chairman of the British Iranian Chamber of Commerce, said British car manufacturers are interested in establishing trade ties with Iran.
He also announced that UK Export Finance (UKEF) has allocated a fund for insuring related business deals with Iran.
He added that oil giants Shell and British Petroleum are ready to invest in Iran and take part in Iranian projects.